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.
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Listing Snapshot
Price
$2,199,000
Days On Site
168 Days
Bedrooms
N/A
Inside Area (SqFt)
5,175 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1915
MLS® Number
807415
Status
Active
Property Tax
$29,975
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 months ago
Status changed to Active
4 months ago
Listing updated with changes from the MLS®
6 months ago
Listing first seen on site
General Features
Number Of Stories
3
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
5175
Utilities
Natural Gas AvailableElectricity Available
Water Source
Public
Interior Features
Basement
Full
Heating
Hot Water
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Exterior Features
Construction Details
Brick
Listing courtesy of Keller Williams Landmark II michaeltiger@kw.com
Based on information submitted to the MLS GRID as of 2025-06-07 10:58 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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