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201-203 Ludingtonville Road,

Holmes, NY

$2,800,000

20 Beds

10,730 Sqft

8.20 Acres

Great opportunity to own 20 units with easy commuter access to I-84. Property is in excellent condition, many structural improvements done over time. Current owners have managed premises for 30 years. The 2025 cap rate is about 7% at the asking price of $140k per unit. Full rent rolls, income and expenses, and recent independent appraisal available upon request. Each unit has electric heat with own meter, wall AC units, personal basement storage space and common laundry facilities.

Facts & Features

MLS® # 818971

Price $2,800,000

Bedrooms 20

Bathrooms 0.00

Square Footage 10,730

Acres 8.20

Year Built 1975

Type Commercial Sale

Sub-Type Multi Family

Status Pending

MLS hgmls

Community Information

Address 201-203 Ludingtonville Road

City Holmes

County Putnam

State NY

Zip Code 12531

Amenities

Utilities Cable Connected, Electricity Connected, Trash Collection Private

Parking Spaces 40

Parking Common, Parking Lot

Is Waterfront No

Has Pool No

Interior

Heating Baseboard, Electric

Cooling Individual Units, Wall/Window Unit(s)

Has Basement Yes

Basement Common, Full, Storage Space, Walk-Out Access

Fireplace No

# of Stories 2

Exterior

Construction Frame

School Information

District Carmel

Elementary Contact Agent

Middle George Fischer Middle School

High Carmel High School

Additional Information

Date Listed January 30th, 2025

Days on Market 143

Short Sale No

RE / Bank Owned No

Listing Details

Listing Courtesy of RE/MAX Town & Country

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Listing information last updated on June 23rd, 2025 at 10:35am EDT.

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201-203 Ludingtonville Road,

$2,800,000

Purchase & Financing Information