Description
RARE OPPORTUNITY!! TIMELESS INVESTMENT!! Make an income while you expand a currently thriving bungalow Colony. Many options available for expansion!!! In the hamlet of South Fallsburg, bordering lot with the village of Woodridge, and available for annexation to receive town water and sewer. The total of existing units is 39 with a GOI of 170k and an NOI of 140k , The 39 units are set on 11 of 60 acres total, approximately 35 more acres to build many more units, 15-20 acres wetland. add up to 80 more units or subdivide. the property also includes a multifunctional building of 750 SqFt Beautiful 25x50 in-ground pool with a nice gazebo nearby. Huge playground with swing sets, sports field, volleyball fields, and basketball field. Picnic tables throughout the grounds. Also has Communal washer & dryer, 7 wells, using only 3 so far. There's currently a Septic sewer. Schedule your showing today to see in real life what else this property has to offer! WON'T LAST LONG!!!
-
0BEDS
-
59.1ACRES
-
0BATHS
-
01/2 BATHS
-
31,783SQFT
-
$79$/SQFT
School Information
Description
RARE OPPORTUNITY!! TIMELESS INVESTMENT!! Make an income while you expand a currently thriving bungalow Colony. Many options available for expansion!!! In the hamlet of South Fallsburg, bordering lot with the village of Woodridge, and available for annexation to receive town water and sewer. The total of existing units is 39 with a GOI of 170k and an NOI of 140k , The 39 units are set on 11 of 60 acres total, approximately 35 more acres to build many more units, 15-20 acres wetland. add up to 80 more units or subdivide. the property also includes a multifunctional building of 750 SqFt Beautiful 25x50 in-ground pool with a nice gazebo nearby. Huge playground with swing sets, sports field, volleyball fields, and basketball field. Picnic tables throughout the grounds. Also has Communal washer & dryer, 7 wells, using only 3 so far. There's currently a Septic sewer. Schedule your showing today to see in real life what else this property has to offer! WON'T LAST LONG!!!
© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2021-01-15T18:19:15.843.