16-92 Grove Street

Ridgewood

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Description

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!

Listing Courtesy of skylux realty inc

Amenities

Essentials

MLS #: 3536723

Area: Ridgewood

Price: $1,998,000

Location: 16-92 Grove Street

Cross Street : Mytle Ave

Property Type: Apartment

Bedrooms: 6 BD

Bathrooms: 2 BT

Approx. Size: 2,000 SqFt

Taxes: $6,414

Pet Policy: Unknown

Amenities

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Contact Plaza Realty

Michael Constantouris

Michael Constantouris

Broker

[email protected]

P: 718-274-3001

C: 347-200-6362

Provided Courtesy of skylux realty inc

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