3230 Cruger Avenue, Unit 2F, Olinville

I am writing to share a great opportunity to own a coop as a first investment property. A free-market, one bedroom-rented unit is available for sale in the Williams bridge section of the Bronx (between Burke Avenue and Gun Hill Road). The current owner is retiring. Monthly maintenance is very low, covering real estate taxes, heat, and water (the tenant pays for electricity; heating fuel is above-ground oil). This provides yearly positive cash flow with return on investment. The location is close to the 2 and 5 Burke Ave train station and within 3 miles of 5 parks, including Williams bridge Oval, Bronx Park, and the New York Botanical Garden. Pictures to be added shortly