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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 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!

PROPERTY FEATURES

Water Source : Public
Heating : Natural Gas

PROPERTY DETAILS

Street Address: 16-92 Grove Street
City: Ridgewood
State: New York
Postal Code: 11385
County: Queens
MLS Number: ONE3582428
Courtesy of Skylux Realty Inc

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