603 WOODWARD Avenue, Ridgewood, NY 11385
sale
$2,199,000
|
Single Family Attached
Courtesy Of Keller Williams Landmark II
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.
5 units are studios and 6 units are one bedroom.
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.
11 Residential Units- The property includes 11 residential units, providing a reliable tenant base and steady rental income.
5 units are studios and 6 units are one bedroom.
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.
Read More About This Property
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 11
- Exterior Type: Brick
- Heating System: Hot Water (Heating)
- MLSID: 807415
- Rooms: Basement
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