3054 Barker Ave, Bronx, NY 10467

Turnkey 4-Story 3-Fam Building 11%+ Cap Steps to 2/5 Trains

3054 Barker Avenue, Bronx, NY 10467 An outstanding investment opportunity in the heart of Olinville, Bronx. This 4-story, legal 3-family brick building offers strong cash flow, government-backed Section 8 rents, and significant upside potential in one of the borough's most resilient rental markets. Meticulously maintained and built in 1925, the property boasts solid pre-war construction, spacious layouts, and zero deferred maintenance-perfect for passive or hands-on investors. Each unit is fully rented at strong Section 8 rates, ensuring stable income with 100% rent collection. Highlights: Legal 3-family across 4 full floors Gross Rent: $150K | Over 11% cap rate 100% occupied with reliable Section 8 tenants R5 zoning with future upside No renovations needed - fully stabilized Prime location on a quiet, tree-lined block Location Perks: Under 5 minutes to the 2 & 5 subway lines Near Bronx Zoo, Botanical Garden, shopping, dining, and schools With strong tenancy, quality construction, and unbeatable transit access, this is a rare, high-yield asset in a growing neighborhood. Avraham Birnbaum - Twelve Stones Realty