$999,000
Pending
27 Days Online
12 Beds6 Baths6,120 SQFT
Pending

71-17 Fresh Pond Road Ridgewood, NY 11385

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyQueens
  • Taxes$15,807
  • HOA/Condo/Coop Fees$0
  • Days on Site27 Days
  • MLS StatusPending
  • MLS ID Number3538945
  • Home Size Source N/A
  • Year Built1931
  • Lot Size0.09 Acres
  • Full Baths6
  • Partial BathsN/A

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General Features

  • Style Townhouse
  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Basement Full
  • Number of Stories Three Or More
  • Acreage 0.09
  • Water Public
  • Cross Street Myrtle Ave
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling None
  • Heating Natural GasHot Water
  • Appliances OvenRefrigerator
  • Fireplaces 0

Exterior Features

  • Fencing Back Yard
  • Lot Near Public Transit

Community Features

  • Township Queens
  • Community Features ParkNear Public Transportation
  • Senior Community No

Schools

School District
Queens 24
Elementary School
Unknown
Middle School
Is 93 Ridgewood
High School
Grover Cleveland High School

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Monthly Payment (Est.)

$5,328
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