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71-17 Fresh Pond Road, Ridgewood, NY 11385

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For Sale
Sale Pending

$999,000

12 beds • 6 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • Full
    Basement

Explore this Property

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.
MLS# 3538945

Listed By CENTURY 21 Amiable Realty Group II

Property Features

  • Appliances
    Range / Oven, Refrigerator
  • Basement
    Full
  • Sewer
    City
  • Style
    Other Style
  • Water
    City Water

Map and Directions

Directions to 71-17 Fresh Pond Road, Ridgewood, NY 11385

Home seller Meet the Agent,
Andrea Scelisi

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Andrea Scelisi

of CENTURY 21 Amiable Realty Group II

(718) 344-2727
Learn More About Me

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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