STRONG CASH FLOW & DIVERSE INCOME STREAM- This Brick Building Offers ONE COMMERCIAL Store Front & FIVE FREE MARKET RESIDENTIAL APARTMENTS. Ridgewood Is Recognized For It''s RAPID GROWTH And Various New Construction And Condo Conversions So Don''t Miss This Armchair Investment Opportunity In A Market Where MIXED- USE PROPERTIES Rarely Become Available. With All Rents Currently Below Market Value There Is Substantial Value-Add Opportunity & Significant Upside Potential For Future Appreciation. By Improving Leasing And Raising The Rents To Current Market Rate There Is A Chance For A Cap Rate Over 10%.
Details:
Families:
6
Property Type:
House
Acres:
0.05
Built:
1930
Financials:
Price:
$2,350,000
Taxes:
$20,526
EXIT All Seasons Realty Jaroslaw Kaszuba Office: 718-345-4545