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Come and See this rare multifamily investment opportunity in the heart of Ridgewood! Live in one unit and have the other two tenants pay your mortgage or rent out all three and collect income! This rare 3 family property sits on over half an acre and has endless possibilities. The owner currently lives in Unit 1, Unit 2 is vacant & Unit 3 has a tenant. Unit 1 features 2 bedrooms, eat in kitchen, bathroom, large living room, large dining room & family room. The family room can be converted back into a third bedroom. Unit 2 features 3 bedrooms, 1 bathroom, living room/dining room. Unit 3 features one bedroom & one bathroom, kitchen & living room. Property has a large unfinished basement which you can also access from outside. Significant rent increases can be available through renovation on top of high cash on cash yield in place for a family seeking a rental income offset or investor. Close to NYC transit, local shops, schools, and parks. Don't miss this opportunity
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Listing Agent: David Ciliento Courtesy of: Modern Realty Group Office phone: (201) 933-3366 The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than New Jersey MLS are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. 2022 New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 3rd July, 2022 1:59 PM (UTC)