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$799,999
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Property Description
This fully occupied multi-family property is generating a total monthly rent roll of $7,626 and offers strong, consistent income. The well-maintained home includes three income-producing units: a 3-bedroom apartment on the top floor, a 2-bedroom apartment on the first floor, and a 2-bedroom accessory unit in the basement. The property is being sold with tenants in place, making it ideal for investors seeking immediate rental income. Situated in the highly desirable Pelham Bay neighborhood, it's close to parks, shopping, public transportation, and other local amenities. First showing will be held during the posted open house-no private appointments available. Don't miss this turn-key investment opportunity in one of the Bronx's most sought-after locations!
Full Property Details
Full Property Details for 1423 Edwards Ave
General
- Price: $799,999
- Taxes: $5,612
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 897123
- Updated: 11/5/2025
- Added to Site: 165 day(s) ago
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Location
- County: Bronx County
- Driving Directions: PELHAM BAY neighborhood from the Hutchingson Pkwy (Exit 18) make a right onoto Edwards Ave. (between Ericson Place & Latting St.)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Advanced Framing Technique
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 2268
- Square Feet: 2,268
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.0362
- Lot Size (Sq. Ft.): 1,575
Financial Considerations
- Tax Amount: $5,612.96
Disclosures and Reports
- Special Conditions: None
- Property ID: 05370-0046
Listed by Keller Williams Realty NYC Grp
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Schools
Schools serving 1423 Edwards Ave
School District:New York City Geographic School District 08
| Name | Grades | Distance |
|---|---|---|
Ps 71 Rose E Scala 3040 Roberts Ave, The Bronx, NY 10461 | K-8 | 0.6 mi |
Herbert H Lehman High School 3000 E Tremont Ave, The Bronx, NY 10461 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1423 Edwards Ave
Date
Details
Price
Change
Source
8/04/2025
Listed
$799,999
69.49%
MLS
12/16/2011
Sold
$472,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1423 Edwards Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,613
—
$27,946
—
2024
$5,613
1%
$27,946
1%
2023
$5,563
5%
$27,695
-35%
2022
$5,312
2%
$42,600
2%
2021
$5,195
5%
$41,940
9%
2020
$4,929
1%
$38,400
-1%
2019
$4,872
1%
$38,940
69%
2018
$4,828
9%
$23,079
6%
2017
$4,443
8%
$21,795
6%
2016
$4,112
8%
$20,571
6%
2015
$3,795
3%
$19,407
—
2014
$3,691
12%
$19,407
1%
2013
$3,307
—
$19,233
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1423 Edwards Ave
1423 Edwards Avenue, Bronx, NY 10461 (MLS# 897123) is a Multi-Family property with 2 units containing 5 bedrooms and 1 full bathroom. 1423 Edwards Avenue is currently listed for $799,999 and was received on August 04, 2025. Want to learn more about 1423 Edwards Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

