201-203 Ludingtonville RD Pending

Holmes,NY 12531

$ 2800000

20 Beds

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEY818971

Bedrooms 20

Originating Board onekey2

Rental Info No

Year Built 1975

Annual Tax Amount $32,806

Lot Size 8.200 Acres

Acres 8.2

Property Sub-Type Multi Family

Property Description

Great opportunity to own 20 units with easy commuter access to I-84. Property is in excellent condition, many structural improvements done over time. Current owners have managed premises for 30 years. The 2025 cap rate is about 7% at the asking price of $140k per unit. Full rent rolls, income and expenses, and recent independent appraisal available upon request. Each unit has electric heat with own meter, wall AC units, personal basement storage space and common laundry facilities.

Location

State NY

County Putnam County

Rooms

Basement Common,Full,Storage Space,Walk-Out Access

Interior

Heating Baseboard,Electric

Cooling Individual Units,Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Common,Parking Lot

Utilities Available Cable Connected,Electricity Connected,Trash Collection Private

Total Parking Spaces 40

Building

Story 2

Sewer Shared Septic

Water Drilled Well,Shared Well

Structure Type Frame

Schools

Elementary Schools Contact Agent

Middle Schools George Fischer Middle School

High Schools Carmel High School

School District Carmel

Others

Special Listing Condition None

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