in contract
60-62 70th Avenue
House in Ridgewood
building info
3
3
2,240 ft²
$578 / ft²
Save
List price

$1,295,000

79
days on market
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last price change
$5,538
estimated payment
$624
taxes
N/A
monthly maintenance
Description
Welcome to 60-62 70th Avenue! This large three-family home is located on a quiet tree-line street. This home is perfect for a seasoned investor or a first time home buyer looking for a significant rent roll to help with their mortgage. The first and second-floor units are set up in a railway style which offers the option for a separate living and dining room and one bedroom plus a home office. The skylights and large windows offer an abundance of natural light from southern and northern exposures. The garden apartment features a large twenty-by-twenty six garden that has been meticulously cared for by the current tenant. Additionally, there is a 20x60 unfinished basement with very tall ceiling and a separate entrance that could easily be converted into a media den or playroom or function as an artist studio space or workshop. Overall the house needs some TLC; but if, completely renovated to maximize layout/bedroom count this house could yield a great return. Located in the heart of Ridgewood with multiple options for public transport nearby including the L and M trains and with renowned neighborhood eateries such as The Ridgewood Ale House, Norma s Corner Shoppe and Milk & Pull close by, this location is ideal. Nearby Evergreen park, Joseph F. Mafera Park, and Rosemary s Playground offer a fun retreat for weekend fun. With a great location and multiple options for configuration, this sizable townhouse is a great place to call home. *Photos are virtually staged

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History
What it'll cost
Mortgage
All cash
Purchase price
$47,000
Total monthly cost
$5,538
Down payment
Mortgage
$4,914
for
yrs
Mortgage
for
yrs
$4,914
Taxes
$624
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