Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Redfin Real Estate
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.
Description
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.
Amenities
- Back Yard
- Cable Connected
- City
- Electricity Connected
- Front Yard
- Level
- Lobby
- Natural Gas Connected
- Near Public Transit
- Near Shops
- Sewer Connected
- Trash Collection Public
- Walk Up

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.