Property Description

Fantastic Mixed Use Rowhouse Opportunity in Kingsbridge Heights!Roll up your sleeves and get ready for a vintage wood-frame rowhouse with three levels of living space, plus a basement, in hilly Kingsbridge Heights. Built in 1901, this Fort Independence Street property has an incredible amount of potential as either separate rental units, mixed-use, or a studs-out restoration to a huge single-family residence.Entering through the wood and glass front door with sidelights and transom, you'll begin a journey of discovery. The first living level has already been nicely transformed into a massive living area with built-ins, an open kitchen, and a full bath. A back doorway leads out to a shallow fenced terrace, while hallway stairs head down to a big basement with creative possibilities.The second level has a living/dining room, a front sitting room, two bedrooms, a full bath, a kitchen, and a rear balcony overlooking a common courtyard area between buildings. The top level has a very similar layout, including two beds, bath, kitchen and rear balcony. The flooring is a mixture of parquet, strip hardwood, tile, and linoleum. You'll find all sorts of gems throughout, with wainscoting and other architectural detailing, ceiling fans, and tons of closet and storage space.The location is also key, near the Jerome Park Reservoir. There's a grocery/deli a few doors down and another across the street. This vibrant Bronx enclave is known for its circuitous roads, open-air hillside stairways, Cooney Grauer Field, indie businesses and longtime favorites like The Bronx Public bar and kitchen, just a few blocks away.Yearly expenses:Taxes: $4,459Utilities: $11,800

Property Features