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59-43 Madison ST Ridgewood, NY 11385
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3518253
Sold Date 04/24/24
Style Townhouse
Bedrooms 7
Full Baths 2
Half Baths 1
Originating Board onekey
Rental Info No
Year Built 1920
Annual Tax Amount $7,685
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 20x100
Property Description
Welcome to this exceptional investment opportunity in the heart of beautiful Ridgewood, a vibrant and bustling community that sets the stage for a promising investment venture. This legal 2-family property offers a unique blend of spacious living and lucrative potential. With a total of 7 bedrooms and 2.5 baths spread across its well-designed layout, this property caters to both comfort and functionality. Each unit is thoughtfully arranged, providing a versatile space for residents while offering the prospect of rental income. The property stands as a testament to meticulous upkeep, ensuring it is not only in excellent condition but also move-in ready for new occupants or tenants. The investment value is further enhanced by the full basement, partially finished and brimming with untapped potential. Whether you envision additional living space, a recreational area, or a home office, the basement provides a canvas for your creative ideas. Located in the heart of Ridgewood, residents will enjoy the benefits of a thriving neighborhood known for its diverse amenities, cultural attractions, and convenient access to urban conveniences. This property not only promises a solid return on investment but also a lifestyle embedded in the charm of Ridgewood. Seize the opportunity to own a piece of this dynamic community, where a meticulously maintained property meets the promise of a sound investment. Welcome to your new venture in the heart of Ridgewood!
Location
State NY
County Queens
Rooms
Basement Full, Partially Finished
Kitchen 2
Interior
Heating Natural Gas, Hot Water
Cooling None
Fireplace Y
Exterior
Garage No Garage, On Street
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Middle Schools Is 93 Ridgewood
High Schools Grover Cleveland High School
School District Queens 24
Others
Senior Community No
Special Listing Condition None
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Bought with Voro LLC