16-92 Grove ST Active Save Request In-Person Tour Request Virtual Tour
Ridgewood,NY 11385
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,980 sqft
Price per Sqft $497
MLS Listing ID KEYL3582428
Bedrooms 6
Full Baths 3
Originating Board onekey2
Rental Info No
Year Built 1915
Annual Tax Amount $6,426
Lot Dimensions 20x100
Property 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!
Location
State NY
County Queens
Rooms
Basement See Remarks
Interior
Heating Natural Gas,Other
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Private,Attached
Amenities Available Park
Total Parking Spaces 2
Private Pool No
Building
Lot Description Near Public Transit,Near School,Near Shops
Sewer Public Sewer
Water Public
Level or Stories Multi/Split,Two
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 81 Jean Paul Richter
Middle Schools Is 77
High Schools Grover Cleveland High School
School District Queens24
Others
Senior Community No
Special Listing Condition None