For Sale
$1,299,000

57 Samsonville Rd Kerhonkson, NY 12446

Ten-Unit Complex, High Rental Income Potential

Overview

Added:
Feb 3
Days on market:
77
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.

Property Details for 57 Samsonville Rd

Property type
Commercial real estate
Square Feet
4,448 SF
Year Built
1980
Lot Size (sq. ft)
574,992 SF

Location Insight

City
Kerhonkson
County
Ulster County
State
New York
Latitude
41.78596
Longitude
-74.29733
57 Samsonville Rd, Kerhonkson, New York

FAQs

What type of property is this?
Commercial real estate - Ten-Unit Complex, High Rental Income Potential
Where is the commercial real estate located?
The property is located at 57 Samsonville Rd Kerhonkson, NY.
What is the asking price?
The asking price for this property is $1,299,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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57 Samsonville Rd
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