Discover the perfect combination of space and investment potential in this classic brick two-family home. Spanning a generous 2,200 total square feet (20x55 Building Size), this property is an exceptional find for an end-user looking to live in one unit while collecting high-market rent from the other, or for an investor seeking a turnkey asset in a high-demand neighborhood. With annual property taxes of approximately $7,985, this home offers a stable and attractive financial profile.The residence is designed with expansive railroad-style layouts that maximize every inch of living space. The first-floor apartment is configured as a 3-bedroom with a large living room and provides the exclusive benefit of a private backyard, ideal for outdoor dining, gardening, or a peaceful retreat. The second-floor apartment offers an even larger 4-bedroom layout with a central living room, providing incredible flexibility for tenants or a growing household. Complementing both units is an open basement featuring high ceilings and separate street-level access, potential for a home gym, workshop, or extensive storage.Located in a vibrant section of Ridgewood, the home is surrounded by local convenience and culture. You are just a short walk from a diverse array of neighborhood cafes, restaurants, and grocery stores. Commuting is effortless with the M and L subway lines nearby, alongside several local bus routes including the B38, Q39, and Q54, ensuring a quick and easy connection to Manhattan and throughout Brooklyn and Queens.
Listing By
Agency Name: Mitra Hakimi Realty Group LLC
Agency Contact: 718-268-5588
Shown By
Agent Name: Elizabeth
Agent Phone: Cell: (516) 375-7081
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 7,493.82 per month $6,394.14 Principal & Interest $665.42 Property Tax $434.26 Homeowner's Insurance
5917 Putnam Avenue | MLS# 964322
This multi-family property located at 5917 Putnam Avenue , Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,488,888. Search Ridgewood real estate on www.lizbreslinrealtor.com today.