389 Spring Avenue
Ridgewood, NJ 07450
Additional Details Below
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
Listing Details for 389 Spring Avenue
• 3 Family
• Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
• Full, Unfinished
• 2 Fireplaces
• Basement, Hook Ups
• Central Air, Wall A/C, Win/AC
• Seperate Electric, Seperate Gas, Seperate Heat
MLS Number : 22021629
Listing Courtesy: David Ciliento (DavidCiliento@gmail.com) of Modern Realty Group
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