1961 Wallace Avenue Bronx, NY 10462

Multi-Family (2-4 Units) MLS #: 834234 Courtesy Of Compass

$899,000

4 beds | 1 baths | 3,216 sq ft
Print property details Share
Est. Property Tax: $6,130
Estimated monthly payments: $4,441/mo.* (recalculate)

Property InformationDescription

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!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick, Vinyl Siding
  • Floor Covering: Hardwood
  • Heating System: Baseboard
  • Lot Size: 0.05 Acres
  • Rooms: Basement

MAP & DIRECTIONS

Get Directions
1961 Wallace Avenue, Bronx, NY 10462
View Directions

School Information

1961 Wallace Avenue, Bronx, NY 10462

Elementary School
Grades KG-5 | Public School
P.S. 105 SENATOR A. BERNSTEIN SCHOOL
Bronx, NY 10462
725 Brady Ave
718.­824.7350
Distance: 0.2 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
878
Middle School
Grades 6-8 | Public School
BRONX GREEN MIDDLE SCHOOL
Bronx, NY 10467
2441 Wallace Ave
718.­325.6593
Distance: 0.9 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
409
Middle School
Grades 6-8 | Public School
BRONX PARK MIDDLE SCHOOL
Bronx, NY 10467
2441 Wallace Ave
718.­652.6090
Distance: 0.9 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
389
Middle School
Grades 6-8 | Public School
PELHAM ACADEMY OF ACADEMICS AND COMMUNITY ENGAGEMENT
Bronx, NY 10467
2441 Wallace Ave
718.­881.3136
Distance: 0.9 mi
School Rating
B
Student:Teacher Ratio
12:1
Total Students
324
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Bronx High School For The Visual Arts 0.1 mi Public 9-12 C-
Bronx Charter School For Excellence 2 0.3 mi Public KG-5 A+
P.s. 83 Donald Hertz School 0.3 mi Public KG-8 B-
Young Voices Academy Of The Bronx 0.3 mi Public KG-4 B-
Steam Bridge School (the) 0.4 mi Public KG-5 A-
St Clares School 0.4 mi Private PK-8
Ps/middle School 498 Van Nest Academy 0.5 mi Public KG-8 B
Icahn Charter School 2 0.5 mi Public KG-8 A
St Francis Xavier School 0.7 mi Private PK-8
New York Institute For Special Education 0.7 mi Private KG-12
P.s. 108 Philip J. Abinanti School 0.7 mi Public KG-5 A-
Our Saviour Lutheran School 0.8 mi Private 8-11
Astor Collegiate Academy 0.8 mi Public 9-12 C
High School For Language And Innovation 0.8 mi Public 9-12 C-
Bronxdale High School 0.8 mi Public 9-12 D-
Pelham Preparatory Academy 0.8 mi Public 9-12 C+
Collegiate Institute For Math And Science 0.8 mi Public 9-12 C+
St Raymond Elementary School 0.8 mi Private PK-8
Wings Academy 0.8 mi Public 9-12 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Bronx, NY 10462

Median Age: 36.7
Married: 33%
Number of Households: 28,516
Households with Children: 33%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.