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  • Ridgewood 3-Family Investment Property For Sale!Cap Rate: -7.4%. Property Overview: Zoning: R6B. Lot Size: 25 x 110 ft. Building Size: 25 x 70 ft per floor (1, 750 SF per floor). Utilities: 5 gas meters & 6 electric meters (separately metered for easier management). Rental Income (5 Units + 3 Garages): 1A: $1, 900. 1B: $1, 750. 1C: $1, 700. 2L: $3, 300. 2R: $2, 600. Bed and Bath: 11 Bedrooms and 7 Bathrooms. Total Residential Rent: $11, 250/month. Owner Pays: Water and heat. Garage Rental Income: $230 + $250 + $200 = $680/month. Total Gross Rent: $11, 930/month. -$143, 160/year. Annual Property Tax: $13, 300. Net Income: -$125, 000/year. Cap Rate: Approximately 6.5%. Great investment opportunity in Ridgewood! We can deliver vacant whole house.
    $1,680,000
    ›View details
    ML# :852985   Ridgewood 3-Family Investment Property For Sale!Cap Rate: -7.4%. Property Overview: Zoning: R6B. Lot Size: 25 x 110 ft. Building Size: 25 x 70 ft per floor (1, 750 SF per floor). Utilities: 5 gas meters & 6 electric meters (separately metered for easier management). Rental Income (5 Units + 3 Garages): 1A: $1, 900. 1B: $1, 750. 1C: $1, 700. 2L: $3, 300. 2R: $2, 600. Bed and Bath: 11 Bedrooms and 7 Bathrooms. Total Residential Rent: $11, 250/month. Owner Pays: Water and heat. Garage Rental Income: $230 + $250 + $200 = $680/month. Total Gross Rent: $11, 930/month. -$143, 160/year. Annual Property Tax: $13, 300. Net Income: -$125, 000/year. Cap Rate: Approximately 6.5%. Great investment opportunity in Ridgewood! We can deliver vacant whole house.
    Call Today: (631) 283-1000, or  Email: Gold Coast Homes & Estates
    MLS
    Presented by: Chase Global Realty Corp  718-355-8788
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