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listing
1 of 6
MultifamilyFor Sale
$1,980,000
16-92 Grove Street
Ridgewood, NY 11385
Listed by: Skylux Realty Inc, 718-500-2231
MLS: OneKey MLS
6Beds
3Baths
3,980Sq Ft
Est. Mortgage
$10,320/mo

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!

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Information courtesy of Skylux Realty Inc is subject to verification and is not guaranteed.
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