We know this thing looks like some sort of a sad soviet courthouse in occupied Poland, but look at that price. Seriously. No really, look at it. That is less than $70K per bedroom. More than enough money would be saved to put the necessary TLC into this house.
This house is located in Williamsbridge, which is a very residential neighborhood in the north central Bronx. Not a lot of apartment buildings. You'd have some shopping down on Gun Hill Road and also on White Plains Road.
Right across the river is Woodlawn Cemetery (spooky!) and a bit further north and across the river is the Woodlawn neighborhood and all that imbibing.
The 2 and 5 trains both stop a block away at 225th Street and White Plains Road, so transportation is pretty nice. You'd also have a garage so having a car is actually feasible.
Four bedrooms for less than $300k - only in the Bronx people, only in the Bronx.