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Ridge, NY 11961
Property Type
Triplex
Views
Trees/Woods
Central AC
No
Year Built
1960
Home Style
Exp Cape
Listing courtesy of Carmine Capobianco of Coldwell Banker American Homes.
A great Investment Opportunity in Suffolk County. A rare, Legal THREE family (by CO) fully occupied, producing very good income. The house is well maintained and updated, located in a quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the property and close to 2 major highways, LIRR, Schools and shopping. Tenants pay for their own electric and heat, owner pays for taxes, water, insurance & low maintenance expenses) The property is currently generating NOI of over $68,000/year providing a CAP Rate over 7% this year (Pro-forma is attached). Don't miss this opportunity for generating great passive income.
0.75 Acres
3
3
6
Ridge
Ridge
Triplex
Trees/Woods
1960
Exp Cape
Brick, Vinyl Siding
3
1960
Ridge
hamptons
Back Yard, Cleared, Level, Wooded
Trees/Woods
Driveway, Off Street, Parking Lot, Private
Partial
Yes - Wall/Window Unit(s)
Carpet, Laminate, Vinyl
Yes
Yes - Hot Water, Oil
Eat-in Kitchen
0
Public
Total$4,691.66/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Glen Ridge, New Jersey, is a picturesque Essex County community known for its charming tree-lined streets, historic gas lamps, and well-preserved architecture.
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.