Welcome to 763 Jackson Ave, an incredible investment opportunity in the vibrant South Bronx. This four-family property boasts a strong 7.8% cap rate and includes an on-site super, making it an ideal income producer. The property features a total annual rent roll of $100,068, with annual expenses of $22,035, leaving an impressive Net Operating Income (NOI) of $78,033.The unit breakdown is as follows:Unit 1: 1 bedroom, 1 bathroom Unit 2: 1 bedroom, 1 bathroomUnit 3: 2 bedrooms, 1 bathroom Unit 4: Spacious 5-bedroom, 1-bathroom unit (can be delivered vacant) Located just a short distance from the 2 and 5 trains, this property provides easy access to public transportation and is less than 20 minutes from Manhattan. It's also close to local shopping centers, adding to the convenience for tenants.Don't miss out on this gem whether you're a seasoned investor or just starting out, 763 Jackson Ave offers exceptional income potential in a prime location!
Property Details
Property Features
Property Information:
Year Built: 1910
Living Area: 4,113 SqFt
Listing Office:
Office Name: eXp Realty
Office Phone: (203) 832-5598
Interior Features
Interior Information:
Basement: Yes
Interior: Eat-in Kitchen
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 10
Exterior Features
Parking Information:
Attached Garage: No
Parking: On Street
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: Wall Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $995,000
Price Per SqFt: $242/SqFt
Tax Information:
Annual Amount: $7,044
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Bronx, NY.
This property is $405.1K more than the Median Sold Price and $106/SqFt less than other homes in Bronx, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H6332638
Listing Office:
Office Name: eXp Realty
Office Phone: (203) 832-5598
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/14/2024, 10:56:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 20, 2018
Apr 20, 2018Home Sold
$775,000
Feb 24, 2006
Feb 24, 2006Home Sold
$510,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,044
$298,800
2018
$6,385
$50,629
2017
$5,600
$46,910
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
PS 157 Grove Hill
757 Cauldwell Ave
Distance between this listing and this school0.11 miles
Public District Grades PK-5
6
/10
Brilla Veritas Charter School
600 E 156th St
Distance between this listing and this school0.13 miles
Public Charter Grades KG-3
6
/10
P.S. 130 Abram Steven Hewitt School
750 Prospect Ave
Distance between this listing and this school0.27 miles
Public District Grades KG-6
Nearby Schools
4
/10
South Bronx Academy for Applied Media
778 Forest Ave
Distance between this listing and this school0.07 miles
Public District Grades 6-8
4
/10
Academy of Public Relations
778 Forest Ave
Distance between this listing and this school0.07 miles
Public District Grades 6-8
4
/10
South Bronx Early College Academy Charter School
766 Westchester Ave
Distance between this listing and this school0.15 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Jill Chaifetz Transfer High School
778 Forest Ave
Distance between this listing and this school0.07 miles
Public District Grades 9-12
10
/10
University Heights Secondary School-Bronx Community College
701 Saint Anns Ave
Distance between this listing and this school0.26 miles
Public District Grades 9-12
2
/10
Mott Haven Village Preparatory High School
701 Saint Anns Ave
Distance between this listing and this school0.26 miles
The neighbors living near this home have an average income of $41,989. Residents of Bronx, NY typically earn less than $35k each year. The majority of families are single, with kids. The majority of residents in this area have high school diploma education.
This home is located at 763 Jackson Ave in Bronx, NY and zip code 10456 in the Morrisania neighborhood. This 4,113 square foot home, which was built in 1910, sits on a 0.04 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $995,000.
In October 2024 more than 38 listings in Bronx, NY were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 61 were sold below. The number of listings in Bronx, NY increased by 2.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $589,852, while the average time on the real estate market was 64 days.
From Rocket Homes Real Estate and based on county public records data.