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71-17 Fresh Pond Road
House in Ridgewood •  building info
12bd • 6ba • 6,120ft² $163 per ft²
List Price

$999,000

Key Details
Days on market
37
Last price change
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Estimated payment
$7,000
Taxes
Monthly maintenance
N/A
Description
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.

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$999,000
Asking Price: $999,000
Term
30 Years
Down Payment
$99,000 (10%)
Min: 10% (99,000)
Rate
6.5 %
Mortgage Amount
$899,100
Mortgage Payment
$5,683
Taxes
$1,317
Estimated closing cost
$28,000
Total monthly cost $7,000
Listing Courtesy of Century 21 Amiable Rlty Grp II

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