In a 'Renters Haven' off the corner of Gates Avenue, we have an Once In A Long Time Opportunity for Easy Investment Income IN A 78 FOOT LONG BUILDING! This is a 5 FAMILY BUILDING...NOT Rent Controlled/NOT Rent Stabilized. FREE MARKET, WITH STOREFRONT (All Renters are Working Professionals.). About 1,950 SQFT per floor (Building Size is 25X78). 78 FEET LONG - Location, Location, Location... a 5 Minute Walking Distance to the M/L Subway, Multiple Buses, and Anything a Renter Desires. - Surrounded by eateries and night time entertainment! - and ONLY a 5 Minute Walk to the Subway (M/L Line) Built in 1930, 17-01 Gates Avenue is a MASSIVE 15 Bedroom/ 6 Bathroom Mixed Use MultiFamily Located in the Heart of Ridgewood...Only a skip away from Bushwick. This 5 Family Home is R6B Zoning (FAR: 2), which allows the potential for 1 more floor for EVEN MORE Rental Revenue. Ridgewood is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets as well as the wave of an art scene that has been moving in. In a neighborhood where everyone walks or rides a bike, Ridgewood is a Renters Favorite Pick...did I mention that there is a 1 Car Garage for that Buyer who wants to call one of these apartments Home!!! Building Layout: First Floor: (1) 3 Bedroom BOXED unit with Lots of Natural Sunlight & (1) Storefront Floor Two: (2) 3-Bedroom BOXED Units with Eat-in Kitchens Floor Three: (2) 3-Bedroom BOXED Units with Eat-in Kitchens ROOF IS A WALK OUT AND IS IN EXCELLENT CONDITION! 1 CAR GARAGE! Other Fantastic Details that make this your next purchase : * Lot: 25 × 100 * Building: 25 × 78 * Building Class: 5-6 Families * NOT RENT CONTROLLED/ NOT RENT STABILIZED * LOCATED IN A RENTERS HAVEN * Tall Ceilings * Taxes: $20,120 RR: Deli $2638 1L $1750 2L $2400 2R $1750 3L $1750 3R $1750 Garage $240
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