2527 Matthews Avenue, Bronx, NY 10467

• 3,360 sqft

Property Description

LEGAL 5 FAMILY! Exceptional opportunity in the heart of the Allerton section of the Bronx—this FULLY VACANT, well-maintained 5-Family offers incredible flexibility for both investors and end-users looking to live in one unit while generating strong rental income from the others. The property consists of four 1-Bedroom units and 1-oversized Studio, all in excellent condition with their own separate utilities, keeping operating expenses efficient and straightforward. With updated mechanicals throughout and a dedicated utility area, this is a low-maintenance, income-producing asset ready for immediate occupancy or lease-up. Delivered completely vacant, allowing you to set market rents from day one or customize occupancy to fit your needs. Ideal for an owner-occupant looking to offset living expenses or an investor seeking a stable, cash-flowing property with long-term upside. Located on a quant, tree-lined street just moments from Pelham Parkway, parks, shopping, and public transportation, offering convenience and strong tenant demand. Turnkey condition, flexible use, and rare vacancy—opportunities like this don’t come around often!

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 6:23PM

Listing Office:

DeSimone Real Estate : 516-534-2200

MLS ID:

979535

Interior

• Flooring: Hardwood
• A/C: Wall/Window Unit(s)
• Heating: Baseboard

Exterior

• Parking: On Street

Location

• Originating MLS: onekey2
• School District: Bronx 11
• County: Bronx County

Lot

• Zoning: R604440-0047
• View: City
• Fencing: Front Yard

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2