Listing by: Skylux Realty Inc, 718-500-2231
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!
3536723
Multi-Family, 2 Story
6
Queens
2 Full
1915
0.05
Acres
Public
Brick
Public Sewer
10
School Information
Ps 81 Jean Paul Richter
Is 77
Grover Cleveland High School
Bathrooms
2
Total:2
Interior Features
- Appliances
- Gas Water Heater
- Cooling
- None
- Heating
- Gas Heat. Hot Water.
- Common Walls
- No Common Walls
Exterior / Lot Features
- Parking
- No Garage, Shared Driveway, None.
- Exterior
- Brick
- Lot Dimensions
- 20x100
- Additional Exterior/Lot Features
- Near Public Transit.
Financial Considerations
03443-0032
$6,414
Arrows indicate 90 day trend
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