Ridgewood, NY 11385,603 WOODWARD AVE
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Ridgewood, NY 11385,603 WOODWARD AVE
Ridgewood, NY 11385,603 WOODWARD AVE
Ridgewood, NY 11385,603 WOODWARD AVE
Ridgewood, NY 11385,603 WOODWARD AVE
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603 WOODWARD AVE Ridgewood, NY 11385


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Key Details

Property Type Other Types

Listing Status Back On Market

Purchase Type For Sale

MLS Listing ID KEY807415

Originating Board onekey2

Rental Info No

Year Built 1915

Annual Tax Amount $29,975

Property Description

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.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Hot Water

Cooling None

Fireplace No

Exterior

Utilities Available Natural Gas Available

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


Listed by Keller Williams Landmark II
agent
Michelle Burroughs

+1(908) 224-0499 | michellesellshomes@mbarealtor.com

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603 WOODWARD AVE