Queens NY, 11385
$1,980,000
Misc
For Sale
6 Beds
, 3 Full Bath
, 3980 SqFt
Details
ML#: 3582428
- # of Families: 2
- Year Built: 1915
- Taxes: $6,426
- Status:Active
Description
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!
More Property Details
Bedroom: 6
Full Bath: 3
Other: 1
Lot Sq Ft: 2000
Approx. Int. Sq. Ft.: 3980.00
Parking Spaces: Yes
Parking Spaces: 2
Parking Facilities: Private, Attached
Heat: Natural Gas, Other
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $6,426
School District: Queens24
Block: 3443
Lot: 32