Property Details

Overview

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!

Key Facts

•SqFt: 3980.00
•Lot Sq Ft: 2000
•Taxes: $6,426
•School District: Queens24
•Block: 3443
•Lot: 32

Additional Features

•Construction Materials: Brick
•Parking Spaces: Yes
•Parking Spaces: 2
•Parking Facilities: Private, Attached

Rooms & Floor Plans

•Bedroom: 6
•Full Bath: 3
•Other: 1

Interior & Utilities

•Heat: Natural Gas, Other
•A/C: None
•Water: Public
•Sewer: Public Sewer

Financial

•Taxes: $6,426

Listing Information provided courtesy of Skylux Realty Inc 718-500-2231

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS