Ridgewood NY, 11385
$2,199,000
Multi Family
Commercial
Details
ML#: 807415
- # of Families: 11
- Sale or Rent:Sale
- Year Built: 1915
- Taxes: $29,975
- Status:Active
Description
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.
More Property Details
Stories: 3
Heat: Hot Water
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $29,975
Listing Information provided courtesy of
Keller Williams Landmark II
347-846-1200