
RealtyDepotNY
Cell: 347-219-2037
Fax: 718-896-7020
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 | 3 |
School District | Queens24 |
Middle School | Call Listing Agent |
Elementary School | Ps 88 Seneca |
High School | Contact Agent |
Features | Other |
Listing information courtesy of: Keller Williams Landmark II |