Douglas Elliman Has Been Retained On An Exclusive Basis To Arrange The Sale Of 1122 Fox St, A 5, 280 Sqft, Four-unit, Walk-up Townhouse, In The Foxhurst Section Of The Bronx. This Residential Building Contains Four Floor-through, Oversized Apartment Units. Featuring 17 Bedrooms In Total A $250, 000 Investment Was Made Into The Property In 2018, Which Contributes To Its Low Operating Costs And Above-market Cap Rate. Tenants Pay For Their Own Electric, Cooking Gas, And Hot Water, While The Owner Pays For The Building's Heat. With Current Income The Property Boasts A Cap Rate Of 9.1%, And Given The Updated Rent Guidelines An Investor Could Achieve Almost 11% As The Leases Are Renewed. Local Shopping Along The Westchester Ave And Southern Blvd Commercial Corridors. Conveniently Located Along The Mta's Number 2 And 5 Train Lines, Only Two Blocks From The Simpson Street Station