Charles "Tom" Nightingale

3969 Carpenter Avenue, Bronx, NY 10466

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Property Description

Exceptional Investment Opportunity - Legal 3-Family Property in the BronxRare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth.Property Configuration1st Floor + Basement2-bedroom / 2-bathroom apartmentCurrent rent: $2,600/monthFinished basement providing big additional flexible space2nd Floor3-bedroom / 2-bathroom apartmentCurrent rent: $2,600/month3rd Floor3-bedroom / 2-bathroom apartmentCurrent rent: $2,600/monthProperty Taxes: $10,486/yearInsurance: $3,730/yearTotal Property Tax & Insurance: $14,216/yearBelow-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growthTenants pay their own heat and gasProperty HighlightsLegal 3-Family PropertyApproximately 3,471 SF3 units / 8 bedrooms / 6 bathroomsThree full residential floorsFlexible 2-bedroom and 3-bedroom layoutsFinished basement with additional flexible spaceStrong current rental income with significant potential for rent increasesRelatively low property taxes and insurance expensesExcellent opportunity for investors seeking current cash flow and future rental upside

3969 Carpenter Avenue | MLS# 1055934

This multi-family property located at 3969 Carpenter Avenue, Bronx, NY 10466 is currently listed for sale with an asking price of $1,199,000. Carpenter Avenue is located within the Bronx 11 school district. Search Bronx real estate on charles-nightingale.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.05 Acres
Taxes: $10,516
Year Built: 2005

Amenities

First Floor Bedroom
First Floor Full Bath

Feature Descriptions

Building Area Total: 3471
Days on Site: 7
Exterior: Brick
Heating Zones: 3
On Market Date: 2026-10-01
Parcel Number: 04820-0016
Parking Features: Off Site, Off Street, On Street
Parking Total: 1
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Cable Available, Electricity Available, Natural Gas Available
Water: Public

Local Schools

High School: New World High School
Middle School: North Bronx School Of Empowerment
Elementary School: Ps 103 Hector Fontanez
School District: Bronx 11

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Estimated Payment

$ 3,894.50 per month $2,668.45 Principal & Interest $876.33 Property Tax $349.71 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Realmart Realty LLC
Agency Phone: 888-362-6543

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