NY
Orange
Monroe
10950
288 Mountain Lodge Road, Monroe, NY 10950
Share Listing
Listing Type
Single Family
Listing Status
Active
1
$4,850,000

Home Details for 288 Mountain Lodge Road

Price
$4,850,000
Type
Residential
Bedrooms
54
Total Bathrooms
26
Full Bathrooms
26
Square feet
20811
Year built
1925
Lot size acres
11.57
County
Orange
Total rooms
80
Garage
2
Basement
Finished, Full, Partial, Partially Finished, Storage Space, Unfinished, Walk-Out Access
MLS Listing#
1044612
Property 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.

Property Features
  • House Interior
    • Beamed Ceilings
    • Built-in Features
    • Ceiling Fan(s)
    • Eat-in Kitchen
    • Entrance Foyer
    • High Ceilings
    • High Speed Internet
    • Natural Woodwork
    • Master Downstairs
    • Recessed Lighting
  • Heating Information
    • Baseboard
    • Electric
    • Forced Air
    • Hot Water
    • Oil
    • Propane
    • Radiant
    • Radiant Floor
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Available
    • Electricity Connected
    • Phone Available
    • Phone Connected
    • Propane
  • Basement
    • Finished
    • Full
    • Partial
    • Partially Finished
    • Storage Space
    • Unfinished
    • Walk-Out Access
  • Parking
    • Driveway
    • Garage
    • Off Street
    • Storage
  • Water Features
    • Private
    • Well
    • Shared Well
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
School Information
School Information for 288 Mountain Lodge Road, Monroe, NY 10950
Elementary School
Central Valley Elementary School
Middle School
Monroe-Woodbury Middle School
High School
Monroe-Woodbury High School
Listing Courtesy: Serhant LLC - 646-480-7665
Presented by: Joseph M. Frullaney
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EXIT REALTY VENTURE
24 Lake Street, Monroe, NY 10950
Office
845 999 3948
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