16-92 Grove Street, Ridgewood, NY, 11385
1915
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!
Status:
Active
Type:
Commercial
Zoning:
R6B
Acreage:
0.05
Est. Taxes:
$6,414
MLS #:
3536722
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Listing courtesy of Skylux Realty Inc 718-500-2231