Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!
3536722
Mixed Use, Business Opportunities, Other
Queens
1915
0.05
Acres
Exterior / Lot Features
- Lot Dimensions
- 20x100
- Zoning
- R6B
Financial Considerations
03443-0032
$6,414
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