3 Bedroom Property for sale: 1831 Paulding Avenue
£720,940
3
Key Features
- 2 Bathroom(s)
- 1454 SqFt.
- 0.06 Acres
- Built in 1920
- Adult Community: No
- Waterfront: No
- Pool: No
- View: No
Summary
Discover a rare double-lot opportunity in one of the Bronxs fastest-evolving neighborhoods, 1831 Paulding Avenue, Morris Park.This two-family residence includes an adjoining 25x100 lot, offering flexibility for parking, outdoor use, or potential future development (subject to zoning and DOB approval). The property features a 2-bedroom/1-bath unit on the main floor and a 1-bedroom/1-bath unit above, each with separate utilities 2 electric meters and 2 gas meters keeping operating costs minimal. The landlord pays only water and property taxes, ensuring strong cash flow potential from day one.Driveway + bonus lot accommodate up to 4+ vehicles, a rare find in the Bronx.Future Growth Potential:Morris Park is poised for major transformation, anchored by the upcoming Morris Park Metro-North Station part of the $500 million East Bronx Transit Access and Rezoning Initiative projected to deliver 7,000+ new housing units and major infrastructure investment. Located near Jacobi Medical