3969 Carpenter Avenue, Bronx, NY 10466

• 11 beds |
• 6 baths |
• 3,471 sqft

Property Description

Exceptional Investment Opportunity – Legal 3-Family Property in the Bronx Rare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth. Property Configuration 1st Floor + Basement 2-bedroom / 2-bathroom apartment Current rent: $2,600/month Finished basement providing big additional flexible space 2nd Floor 3-bedroom / 2-bathroom apartment Current rent: $2,600/month 3rd Floor 3-bedroom / 2-bathroom apartment Current rent: $2,600/month Property Taxes: $10,486/year Insurance: $3,730/year Total Property Tax & Insurance: $14,216/year Below-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growth Tenants pay their own heat and gas Property Highlights Legal 3-Family Property Approximately 3,471 SF 3 units / 8 bedrooms / 6 bathrooms Three full residential floors Flexible 2-bedroom and 3-bedroom layouts Finished basement with additional flexible space Strong current rental income with significant potential for rent increases Relatively low property taxes and insurance expenses Excellent opportunity for investors seeking current cash flow and future rental upside

Listing Status:

Active

Data Last Updated:

October 7, 2026 at 2:20AM

Listing Office:

Realmart Realty LLC : 888-362-6543

MLS ID:

1055934

Interior

• General: First Floor BedroomFirst Floor Full Bath
• Basement: FinishedFull
• A/C: Wall/Window Unit(s)
• Heating: Baseboard

Exterior

• Parking: Off SiteOff StreetOn StreetParking spaces: 1

Location

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

Lot

• Zoning: 04820-0016

Utilities

• Utilities: Cable AvailableElectricity AvailableNatural Gas Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2