16-92 Grove Street
Ridgewood,
NY
11385
- For Sale
- 6 Bedrooms
- 2 Full Baths
- Year Built 1915
- Multi Family
- ML# 3536723
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
- •Style: Two Story
- •Lot Size: 0.05
- •Lot Sq Ft: 2000
- •Taxes: $6,414
- •School District#: 11
•Block: 3443
- •Lot: 32
- •Construction Materials: Brick
- •Building Size: 20X62
- •Garage: 0.0
- •Parking Spaces: Yes
- •Parking Facilities: Shared Driveway, None
- •Bedroom: 6
- •Full Bath: 2
- •Other: 2
- •Heat: Natural Gas, Hot Water
- •A/C: None
- •Water: Public
- •Sewer: Public Sewer
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