$2,050,000

5924 Putnam , Ridgewood, NY 11385

 
Bedrooms:13 beds
Bathrooms:11 baths
Residential:5,300 sqft
Lot:Unknown
Year Built:1931
Listing Status:Active

Listing Agent

Lotfi Chortani
http://www.kwnyhomes.com
We cannot obtain a map view for this location. Please See Google Maps for any possible street views and other mapping views.
We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
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Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Prime Investment Opportunity! Multi-Unit Property in Ridgewood, NY (Ridgewood) High-Income Investment Opportunity in Ridgewood Strong Income Potential This well-maintained 11-unit building generates a gross annual income of $184,000, with a net operating income (NOI) of $135,000, ensuring solid returns for investors. A consistently occupied property with a reliable rent roll, offering low vacancy rates and steady cash flow. Prime Ridgewood Location! Located in a highly sought-after neighborhood, this property provides easy access to public transit, shopping, dining, and community amenities, enhancing its long-term desirability. Financial Overview: Annual Expenses: $49,000 (including utilities, taxes, insurance, and maintenance). Competitive Cap Rate: A strong return based on market value, making it an excellent long-term investment. Turn-Key Investment with Upside Potential This property is a perfect addition to any real estate portfolio, offering consistent cash flow, minimal vacancies, and future appreciation potential. Whether you're an experienced investor or looking to acquire a high-performing asset, this opportunity is not to be missed! ?? Call today to schedule a viewing or request more details!

Detailed Items

Other Information

5924 Putnam, Ridgewood, NY, 11385 is a residential listing of 5,300 sqft on a lot of Unknown. This residential listing has 13 bedrooms, and 11 baths. The map for this location can be viewed on Google maps at Google maps to property5924 Putnam, Ridgewood, NY
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