1. New York
2. Ridgewood
3. 603 WOODWARD Avenue

603 WOODWARD Avenue, Ridgewood, NY 11385

• 5,175 sqft

Property Description

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. 6 units are one bedroom and units are one studios. 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.

Listing Status:

Active

Listing Office:

Keller Williams Landmark II : 347-846-1200

MLS ID:

807415

Interior

• Basement: Full
• A/C: None
• Heating: Hot Water

Location

• Originating MLS: onekey2
• County: Queens

Utilities

• Utilities: Electricity AvailableNatural Gas Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2

This listing courtesy of Keller Williams Landmark II