$2,800,000

Pending

Est. Mortgage $13,792/mo *

Quick Pre-Approval

201-203 Ludingtonville Road, Holmes, NY, 12531

201-203 Ludingtonville Road, Holmes, NY, 12531

20 beds

1975

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.


Status:

Pending

Type:

Commercial

Units:

20

Heating:

Baseboard, Electric

Cooling:

Individual Units, Wall/Window Unit(s)

Basement:

Common, Full, Storage Space, Walk-Out Access

Levels:

2

Parking:

40-car, Common, Parking Lot

Acreage:

8.2

Est. Taxes:

$32,807

Assessment

$775,103

Construction

Frame

Utilities

Cable Connected, Electricity Connected, Trash Collection Private

Elementary School:

Contact Agent

Middle School:

George Fischer Middle School

High School:

Carmel High School

School District:

Carmel

Days on Market:

9

MLS #:

818971


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of RE/MAX Town & Country 845-765-6128