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603 WOODWARD NE, Ridgewood, NY, 11385 $2,199,000

Multi Family Commercial  

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Details ML#: 807415  

  • # of Families: 11
  • Sale or Rent:Sale
  • Year Built: 1915
  • Taxes: $29,975
  • Status:ComingSoon

Description

This mixed-use property in Ridgewood is an exceptional investment opportunity with strong income potential. Here’s a refined overview:11 Residential Units: The property includes 11 residential units, providing a reliable tenant base and steady rental income.Storefront: The street-level retail space is located in a high-traffic area, offering great visibility and attracting consistent foot traffic.Gross Annual Income: The property generates a gross annual income of $185, 000, indicating strong returns.Prime Location: Nestled in a vibrant, sought-after neighborhood, the property is conveniently located near shops, restaurants, and major transportation options, enhancing both residential and commercial appeal.Upgrades: The property features a new roof and furnace, which reduces the need for immediate maintenance and ensures long-term stability.

More Property Details

Property Features

Stories: 3  

Appliances & Utilities

Heat: Hot Water   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $29,975  

Listing Information provided courtesy of Keller Williams Landmark II  347-846-1200
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