1. New York
  2. Fallsburg
  3. 10 Dorm Drive
$1,600,000

10 Dorm Drive, Fallsburg, NY 12747

  • 11,680 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon2.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $137/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

A Unique Investment Opportunity in Falsburgh, NY! Nestled on a sprawling 2.5-acre lot in the heart of Falsburgh, NY, this remarkable property features 30 versatile durm units, making it an exceptional investment opportunity for savvy buyers. With its prime location just minutes away from local attractions and amenities, this property is perfectly poised to generate solid income or transform into a charming motel-style retreat. Imagine the possibilities! Some units are already ready for immediate occupancy, while others present an exciting opportunity for customization and updates to suit your vision. Whether you’re looking to create a cozy getaway or a lucrative rental business, this property offers ample potential to cater to various needs. The allure of this location extends beyond the units themselves. Just a short 5-minute drive brings you to Parks, where outdoor enthusiasts can enjoy boating and other recreational activities amidst stunning natural scenery. The proximity to local attractions ensures that guests will appreciate easy access to everything they desire during their stay. What truly sets this property apart is the potential for expansion—there’s even an option to purchase additional land that includes lakefront access! Imagine enhancing your investment with waterfront views and serene surroundings that will attract visitors year-round. Don’t miss out on this incredible opportunity in one of Falsburgh's hottest markets! Whether you're aiming for a thriving motel business or seeking a unique investment venture, this property has it all. Act now! Contact us today to schedule your private tour and explore how you can capitalize on this fantastic investment opportunity. Your dream project awaits!

Listing Status:
Active
Listing Office:
Zalman L. Pavel : 929-214-2120
MLS ID:
863933
  • Basement: Common
  • A/C: Wall/Window Unit(s)
  • Heating: Electric

This listing courtesy of Zalman L. Pavel

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Benjamin Cosor Elementary School

15 Old Falls Rd, Fallsburg, NY, 12733

Grades PK-6

4.66 miles away

F

Fallsburg Junior Senior High School

115 Brickman Rd, Fallsburg, NY, 12733

Grades 7-12

3.89 miles away

F

Fallsburg Junior Senior High School

115 Brickman Rd, Fallsburg, NY, 12733

Grades 7-12

3.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.