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Single Family House for Sale in Monroe, Blooming Grove, Orange County, NY 10950 | Web ID: 1044612 | $4,850,000

288 Mountain Lodge Road , Monroe , NY 10950

 
Single Family in Blooming Grove - Mountain Lodge Road  Orange County, NY 10950
 

Property Description

Rare 20-property Rental Portfolio | Approximately 40 Parcels | Mountain Lodge Park Offered For The First Time In Decades, This Unique Portfolio Includes 20 Rental Properties Across Approximately 40 Parcels, Concentrated Within The Mountain Lodge Park Community. Investors Can Acquire Decades Of Accumulated Ownership And Capital Investment In A Single Transaction. Numerous Properties Have Received Significant Structural, Mechanical, And Cosmetic Improvements, Including Newer Roofs, Heating Systems, Kitchens, Baths, Wells, Siding, Windows, Flooring, And Other Upgrades. The Portfolio Offers Established Cash Flow With Additional Upside Through Rent Optimization, Targeted Renovations, Rehabilitation Of Underutilized Assets, And Potential Future Use Of Additional Land, Subject To Applicable Approvals. The Concentration Of Properties Provides Operational Efficiencies Rarely Available In A Portfolio Of Primarily Single-family Rentals. Convenient Access To I-87, Approximately 60–75 Minutes To Nyc, 10–15 Minutes To Woodbury Common, 20–25 Minutes To West Point, And 20–25 Minutes To Stewart International Airport. 20 Rentals. Approximately 40 Parcels. Existing Cash Flow. Value-add Potential. Decades Of Investment Already Completed.

Property Information

Location/Town Blooming Grove
Area/County Orange County
Post Office/Postal City Monroe
Prop. Type Single Family House for Sale
Style Other
Tax $1.00
Bedrooms 52
Total Rooms 77
Total Baths 25
Full Baths 25
Year Built 1925
Basement Finished, Full, Partial, Partially Finished, See Remarks, Storage Space, Unfinished, Walk-Out Access
Construction Unknown
Lot SqFt 497,396
Cooling Central Air, Ductwork, Wall/Window
Heat Source Baseboard, Ducts, El
Util Incl Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane
Days On Market 33
Lot Features Back Yard, Front Yard, Garden, Near Public Transit, Near School, Near Shops, Part Wooded, Secluded,
Parking Features Driveway, Garage, Off Street, Storage
School District Monroe-Woodbury
Middle School Monroe-Woodbury Middle School
Elementary School Central Valley Elementary Scho
High School Monroe-Woodbury High School
Features First floor bedroom, first floor full bath, beamed ceilings, built-in features, ceiling fan(s), eat-in kitchen, entrance foyer, formal dining, high ceilings, high speed internet, natural woodwork, original details, primary bathroom, master downstairs, recessed lighting, washer/dryer hookup
Listing information courtesy of: Serhant LLC

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • Phone: 718-896-0777
  • Fax: 718-896-7020

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