Ridgewood, NY 11385,71-17 Fresh Pond RD

$990,000

$999,000

0.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

SOLD DATE : 08/26/2024

Key Details

Sold Price $990,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYL3539142

Sold Date 08/26/24

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $15,806

Lot Dimensions 28x138.67

Property Description

6-Family Gem in Prime Location Discover investment potential with this 6-family home situated in a sought-after location. Each apartment offers spacious living, providing a comfortable & adjustable atmosphere. Featuring generously sized living rooms, eat-in kitchens, & full bathrooms, these apartments offer a perfect blend of functionality & comfort. Additionally, two bedrooms provide ample space, while an extra room can be utilized as a third bedroom or formal dining area. With five apartments currently leased & generating a substantial income, along with one vacant unit offering potential for renovation, this property presents an excellent opportunity for investors or owner-occupiers. The current rent roll is $90,491.88 annually for the occupied apartments. Tenants cover their own electric & cooking gas expenses. Benefit from recent updates, including a brand-new hot water tank installed just months ago & a youthful roof completed only three years prior. The boiler, installed in 2006, continues to provide reliable heating throughout the property. Apartment 2R was fully renovated about 7 years ago. Full basement for plenty of storage w/outside entrance to the yard. Perfectly situated near public bus routes & the 'M' Train, commuting to Brooklyn & beyond is effortless. Explore the neighborhood's array of major shopping destinations, dining options, & recreational facilities, all within easy reach. Schedule your private viewing today to explore the potential of this property., Additional information: Rental Income:Y, Building Size:34x60

Location

State NY

County Queens

Interior

Heating Natural Gas, Hot Water

Fireplace No

Exterior

Private Pool No

Building

Sewer Public Sewer

Others

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Century 21 Amiable Rlty Grp II
Bought with Century 21 Amiable Rlty Grp II
agent-avatar

+1(516) 802-3785

rfperrin@gmail.com

477 Madison Ave. 6th Floor, Suite 100, York, NY, 10022, United States

GET MORE INFORMATION
Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.