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Sale
Vacant Land
Holmes,
Putnam,
New York
Bedrooms
Bedrooms
Bathrooms
0 Bathrooms
Price
$3,400,000
Property Ref T3LSEV
Abu Dhabi Sotheby's International Realty
Description
29-35 Bowen Court
Exceptional investment and development opportunity offering nearly 100 acres across two contiguous parcels with six existing single-family homes, including two waterfront residences situated on a private 5-acre lake.
Owned by the same family since 2001, the property was privately occupied until 2016 and is now fully leased, providing immediate income with significant upside potential.
All tenants are currently on month-to-month leases, and rents are believed to be below current market rates.
The portfolio includes three 3-bedroom homes, two 5-bedroom homes, and one 6-bedroom home.
Current gross rental income is $15,600 per month, with rents remaining largely unchanged for many years.
Additional features inc...
Features & Amenities
Locations
schools
park
hospitals
dine in
transport
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Abu Dhabi Sotheby's International Realty