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.
Details
| MLS # | 1044612 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 8 |
| Listing Provided By | Serhant LLC | Joseph M. Frullaney |
Features
| Bed(s) | 52 |
|---|---|
| Bath(s) | 25 Total |
| SQ Feet | 20,211 |
| Garage | 2 |
| Basement | Y |
| Acreage | 11.42 |
| Property View | Mountain(s), Open, Panoramic, Tr |
Interior
| Cooling | Central Air, Ductwork, Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Ducts, Electric, Forced Air, Hot Air, Hot Water, Oil, Propane, Radiant, Radiant Floor |
| Interior 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 |
| Appliances | Dishwasher, Dryer, Freezer, Oven, Range, Refrigerator, Washer |
Exterior
| Construction Materials | Unknown |
|---|---|
| Lot Features | Back Yard, Front Yard, Garden, Near Public Transit, Near School, Near Shops, Part Wooded, Secluded, Views, Wooded |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Garage, Off Street, Storage |
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 1 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Monroe |
| Zip Code | 10950 |
| School District | Monroe-Woodbury High School |
| Elementary School | Central Valley Elementary School |
| High School | Monroe-Woodbury High School |
| Listing VS Median (in 10950) | |
Price: $4,850,000 low | high Med: $569,900 sqft: 20,211 low | high Med: 1,800 $ / sqft: $240 low | high Med: $317 On site: 8 low | high Med: 79 | |
Market Activity 10950
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Learn More About This Property
| State | NY |
|---|---|
| County | Orange County |
| City | Monroe |
| Zip Code | 10950 |
| School District | Monroe-Woodbury High School |
| Elementary School | Central Valley Elementary School |
| High School | Monroe-Woodbury High School |
| Listing VS Median (in 10950) | |
Price: $4,850,000 low | high Med: $569,900 sqft: 20,211 low | high Med: 1,800 $ / sqft: $240 low | high Med: $317 On site: 8 low | high Med: 79 | |
