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$890,000
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Property Description
Introducing the perfect multi-family investment opportunity offering 3,216 sq. ft. of finished space. The finished walkout basement is 1,032 sq. ft. With 4 bedrooms and 3 bathrooms, this residence provides ample room for versatile living! Enjoy the elegance of hardwood floors and recessed lighting throughout. The kitchen features essential appliances, including a dishwasher, gas stove, and refrigerator. Step outside to a charming deck and back yard, ideal for relaxation and entertaining. The finished walkout basement has a guest room/office, recreational room, full bathroom, and summer kitchen making it your ideal entertainment area. The backyard is accessible from the 1st floor unit or the basement. Additional notes: 1 storage shed, efficient baseboard heating, wall units for cooling, and the convenience of a washer and dryer. Street parking is available for added accessibility. There are 3 electric meters, 2 gas meters, 2 boilers, and 2 hot water heaters. Seize the opportunity to own this terrific investment home!
Full Property Details
Full Property Details for 1961 Wallace Ave
General
- Sold For: $890,000
- Taxes: $6,130
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 834234
- Added to Site: 416 day(s) ago
Interior
- Interior Features: Granite Counters, Quartz/Quartzite Counters, Recessed Lighting, Washer/Dryer Hookup
- Laundry Facilities: Yes
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected, See Remarks, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3216
- Square Feet: 3,216
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.0545
- Lot Size (Sq. Ft.): 2,375
Financial Considerations
- Tax Amount: $6,130.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 04260-0038
Listed by Compass Greater NY, LLC
Sold by Pantiga Group Inc.
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Schools
Schools serving 1961 Wallace Ave
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 105 Senator Abraham Bernstein 725 Brady Ave, The Bronx, NY 10462 | K-4 | 0.2 mi |
Pelham Academy Of Academics And Community Engageme 2441 Wallace Ave, The Bronx, NY 10467 | 6-8 | 0.9 mi |
Bronx Green Middle School 2441 Wallace Ave, The Bronx, NY 10467 | 6-8 | 0.9 mi |
Bronx Park Middle School 2441 Wallace Ave, The Bronx, NY 10467 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1961 Wallace Ave
Date
Details
Price
Change
Source
5/06/2025
Sold
$890,000
-1%
MLS
3/11/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1961 Wallace Avenue, Bronx, NY 10462 (MLS# 834234) is a Multi-Family property that was sold at $890,000 on May 06, 2025. Want to learn more about 1961 Wallace 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.

