Courtesy of: Fei Guo, Skylux Realty Inc, fei@skyluxny.com
Courtesy of: Fei Guo, Skylux Realty Inc, fei@skyluxny.com
$1,980,000
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.05 Acres
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$1,980,000
16-92 Grove Street 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!
Courtesy of: Fei Guo, Skylux Realty Inc, fei@skyluxny.com
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