Listing Courtesy of: Fei Guo - Skylux Realty Inc
718-500-2231
$1,980,000
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1692 Grove St Ridgewood, NY 11385
Other
Residence
6
Beds
3
Baths
Sq. Ft.
Property Activity
Time on Site
days
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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 gara...ges. 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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MLS#
3582428
Property Type
Other
Bedrooms
6
Bathrooms
3 Full
Year Built
1915
Sewer
Public Sewer
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