85 Wortzman Rd, Fallsburg, NY 12733

RARE OPPORTUNITY!! TIMELESS INVESTMENT!! Make an income while you expand a currently thriving bungalow Colony. Many options available for expansion!!! In the hamlet of South Fallsburg, bordering lot with the village of Woodridge, and available for annexation to receive town water and sewer. The total of existing units is 39 with a GOI of 170k and an NOI of 140k , The 39 units are set on 11 of 60 acres total, approximately 35 more acres to build many more units, 15-20 acres wetland. add up to 80 more units or subdivide. the property also includes a multifunctional building of 750 SqFt Beautiful 25x50 in-ground pool with a nice gazebo nearby. Huge playground with swing sets, sports field, volleyball fields, and basketball field. Picnic tables throughout the grounds. Also has Communal washer & dryer, 7 wells, using only 3 so far. There's currently a Septic sewer. Schedule your showing today to see in real life what else this property has to offer! WON'T LAST LONG!!!