603 WOODWARD Avenue Ridgewood, NY 11385

Single Family Attached MLS #: 807415 Courtesy Of Keller Williams Landmark II

Property InformationDescription

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.

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.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Building Units: 11
  • Exterior Type: Brick
  • Heating System: Hot Water
  • MLSID: 807415
  • Rooms: Basement

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603 WOODWARD Avenue, Ridgewood, NY 11385
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