57 Samsonville Rd Kerhonkson, NY 12446
- Commercial real estate
- 4,448 SF
- 13.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 57 Samsonville Rd
- Year built
- 1980
- Lot size
- 13.20 lot acres
- Property size
- 4,448 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a ten-unit multifamily property situated on a spacious 13.2-acre lot at 57 Samsonville Rd, Kerhonkson, NY. The property boasts a total of 4,448 square feet and comprises ten one-bedroom apartments and two studio apartments, all currently fully rented. A significant advantage lies in the current rental rates, which are below market value, presenting immediate potential for increased revenue. Ample off-street parking is available for residents and guests. The property's location in Kerhonkson, NY offers a strong rental market, making this an attractive investment for both seasoned and new investors. The substantial land area provides additional development possibilities, subject to local zoning regulations. This property is being offered at $1,299,000. Owner financing may be available to qualified buyers. Due to the presence of multiple tenants, a 24-hour notice is required for all showings and appointments. This is a rare opportunity to acquire a well-occupied, income-generating property with significant upside potential. Serious inquiries only. All information is deemed reliable but not guaranteed and should be independently verified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kerhonkson
- County
- Ulster County
- State
- New York
- Longitude
- -74.29733
- Latitude
- 41.78596
