2
See all 2 photos
$2,050,000
Est. payment /mo
13 Beds
11 Baths
5,300 SqFt
Back on Market
5924 Putnam Ridgewood, NY 11385
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Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Back On Market
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $386
MLS Listing ID 824502
Style Other
Bedrooms 13
Full Baths 11
HOA Y/N No
Rental Info No
Year Built 1931
Annual Tax Amount $32,681
Property Sub-Type Townhouse
Source onekey2
Property 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!
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!
Location
State NY
County Queens
Rooms
Basement Full
Interior
Interior Features Other
Heating Natural Gas, Other
Cooling None
Fireplace No
Appliance Gas Range, Refrigerator
Exterior
Garage Spaces 8.0
Utilities Available Electricity Connected
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 88 Seneca
Middle Schools Call Listing Agent
High Schools Contact Agent
Others
Senior Community No
Special Listing Condition Real Estate Owned
Listed by Keller Williams Landmark II
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