85 Wortzman Road, Fallsburg, NY 12733 (MLS # H6082044)

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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!!!

DAYS ON MARKET 68 LAST UPDATED 11/13/2020
YEAR BUILT 1955 COUNTY Sullivan
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Fallsburg
Elementary School Call Listing Agent
Jr. High School Fallsburg Junior-Senior High School
High School Fallsburg Junior-Senior High School


ADDITIONAL DETAILS
AIR Wall Unit(s), Window Unit(s)
AIR CONDITIONING Yes
CONSTRUCTION Frame, Other
HEAT None, Propane, See Remarks
INTERIOR Storage
LOT 59.1000 acre(s)
LOT DESCRIPTION Cul-De-Sec
PARKING Driveway,Parking Lot
POOL Yes
POOL DESCRIPTION Inground Pool
SEWER Septic Tank
TAXES 32804.00
WATER Well,See Remarks
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

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