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Prime Investment Opportunity! Multi-unit Property In Ridgewood, Ny (ridgewood) High-income Investment Opportunity In Ridgewood Strong Income Potential This Well-maintained 11-unit Building Generates A Gross Annual Income Of $184, 000, With A Net Operating Income (noi) Of $135, 000, Ensuring Solid Returns For Investors. A Consistently Occupied Property With A Reliable Rent Roll, Offering Low Vacancy Rates And Steady Cash Flow. Prime Ridgewood Location! Located In A Highly Sought-after Neighborhood, This Property Provides Easy Access To Public Transit, Shopping, Dining, And Community Amenities, Enhancing Its Long-term Desirability. Financial Overview: Annual Expenses: $49, 000 (including Utilities, Taxes, Insurance, And Maintenance). Competitive Cap Rate: A Strong Return Based On Market Value, Making It An Excellent Long-term Investment. Turn-key Investment With Upside Potential This Property Is A Perfect Addition To Any Real Estate Portfolio, Offering Consistent Cash Flow, Minimal Vacancies, And Future Appreciation Potential. Whether You're An Experienced Investor Or Looking To Acquire A High-performing Asset, This Opportunity Is Not To Be Missed! ?? Call Today To Schedule A Viewing Or Request More Details!
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Ridgewood |
| Prop. Type | Single Family House for Sale |
| Style | Other |
| Tax | $32,681.00 |
| Bedrooms | 13 |
| Total Rooms | 24 |
| Total Baths | 11 |
| Full Baths | 11 |
| Year Built | 1931 |
| Basement | Full |
| Construction | Brick |
| Cooling | None |
| Heat Source | Natural Gas, Other |
| Util Incl | Electricity Connected |
| Days On Market | 77 |
| School District | Queens24 |
| Middle School | Is 93 Ridgewood |
| Elementary School | Ps 88 Seneca |
| High School | Maspeth High School |
| Features | Other |
| Listing information courtesy of: Keller Williams Landmark II | |