ML# :807415 This mixed-use property in Ridgewood is an exceptional investment opportunity with strong income potential. Here’s a refined overview:11 Residential Units: The property includes 11 residential units, providing a reliable tenant base and steady rental income.Storefront: The street-level retail space is located in a high-traffic area, offering great visibility and attracting consistent foot traffic.Gross Annual Income: The property generates a gross annual income of $185, 000, indicating strong returns.Prime Location: Nestled in a vibrant, sought-after neighborhood, the property is conveniently located near shops, restaurants, and major transportation options, enhancing both residential and commercial appeal.Upgrades: The property features a new roof and furnace, which reduces the need for immediate maintenance and ensures long-term stability.
603 WOODWARD Avenue, Ridgewood, NY, 11385