Property Description for 1709 Madison Street
VACANT - Prime Ridgewood Investment Opportunity! This turn-key, six unit, brick building is the perfect addition to your portfolio or first investment. The building measures 27'.5" x 68' and features 6 apartments all of which were renovated recently. Each unit has their own heating system and hot water tank. This building has benefited from some recent upgrades including, new roof, skylight, renovated hallway, rear facade and air shafts were thorosealed. Located in prime Ridgewood, 2 Blocks to Myrtle Wychoff L & M
Legal Rents
1L - $3,251.62
1R - $2,248.58
2L - $2,628.95
2R - $2,752.63
3L - $2,158.15
3R - $2,540.38
Expenses
Taxes: $15,000
Ins: $3,500
W/S: $4,500
Electric: $550
Super: $1,800