Welcome to this well-positioned six-family property offering an excellent opportunity for investors, owner-occupants, or buyers looking for a property with strong income potential. Each apartment features a spacious two-bedroom layout with a separate dining area, generous storage, hardwood floors, high ceilings, abundant natural light, updated kitchens, and improved bathrooms. The property also offers a detached two-car garage, driveway parking, and a fenced rear yard providing useful outdoor space. The building is rent stabilized and currently generates approximately $126,000 in annual income, with reported expenses of approximately $36,000. One apartment is currently vacant, providing flexibility for a new owner and the opportunity to utilize the unit according to applicable regulations. A full basement provides additional space and potential for future use, subject to required approvals. Located less than a half-mile from the Ludlow Metro-North Station, the property offers convenient access to Manhattan, as well as nearby bus service, shopping, restaurants, and recreation. With six residential units, parking, outdoor space, a commuter-friendly location, and one vacant apartment, this property offers a unique opportunity for both those seeking income-producing real estate and buyers looking for a property with additional possibilities.
Listing courtesy of Listing Agent: Ken Wile (ken.wile@redfin.com) from Listing Office: Redfin Real Estate.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.