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359-365 W Lake Street

Liberty, NY 12754
  • $450,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: H6297131
UPDATED: 73 min ago
$450,000
  • 7
    BEDS
  • 0.7
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,280
    SQFT
  • $197
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1861
County:
Area:

School Information

Elementary School:
School District:

Description

A smart investment, with tons of extra income potential! If you have been looking for a multi-family money maker, look no further than 359-365 West Lake Street. Currently configured with four apartments and two mobile homes, there is also an attic apartment that once finished, would create a total of seven units. Its location in the Village of Liberty ensures that the rental units will always be in high demand and provides the benefit of municipal services. With local values on the rise and a severe shortage of rental units, this building would be a great addition to your portfolio. The building features a 3-bedroom apartment, a studio apartment, a 1-bedroom apartment, and a 2-bedroom apartment. The 3-bedroom is currently occupied, the other three are vacant and move-in ready. The attic apartment is a massive space that has already been framed out. With approval from the Village Building Department (and an added means of egress) this could easily become an additional 3-bedroom apartment. There are two older mobile homes on the property. One (a 2BR) is tenant owned & occupied, the other (a 1BR) comes with the property and would need to be replaced. According to the Village, it would have to be replaced with one that is the same size. The property is 0.70 acres with ample yard space and parking. The building is located close to all the shops & restaurants that Liberty has to offer; hot spots such as New Munson Diner, Liberty Diner, Paesanos Pizzeria, Sweet Basil Thai, Floyd & Bobo's Bakery, Don Gabriel's, and the Liberty Agway. Also close to Shoprite, Trading Post, Walgreen's, & Tractor Supply Co. For some local fun and adventure, Walnut Mountain Park, Sullivan County Golf Club, and Liberty Heights Indoor Trampoline Park are all nearby. The village provides municipal water/sewer & garbage pickup.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ellis Sotheby's International Real Estate. Data last updated: 2024-07-22T21:19:21.3.
www.hudsonvalleyrealestate.info/homes/148920370
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359-365 W Lake Street Liberty, NY 12754

  • Price: $450,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 73 min ago
  • MLS #: H6297131
7
Beds
5
Baths
0
½ Baths
0.7
Acres
2,280
SQFT
$197
$/SQFT
1861
Built
Neighborhood:
Liberty
County:
Sullivan
Area:
Liberty
Elementary School:
Liberty Elementary School
Middle School:
Liberty Avenue Middle School
High School:
Liberty High Sch Acad-Newcomers
School District:
Liberty
Property Description
A smart investment, with tons of extra income potential! If you have been looking for a multi-family money maker, look no further than 359-365 West Lake Street. Currently configured with four apartments and two mobile homes, there is also an attic apartment that once finished, would create a total of seven units. Its location in the Village of Liberty ensures that the rental units will always be in high demand and provides the benefit of municipal services. With local values on the rise and a severe shortage of rental units, this building would be a great addition to your portfolio. The building features a 3-bedroom apartment, a studio apartment, a 1-bedroom apartment, and a 2-bedroom apartment. The 3-bedroom is currently occupied, the other three are vacant and move-in ready. The attic apartment is a massive space that has already been framed out. With approval from the Village Building Department (and an added means of egress) this could easily become an additional 3-bedroom apartment. There are two older mobile homes on the property. One (a 2BR) is tenant owned & occupied, the other (a 1BR) comes with the property and would need to be replaced. According to the Village, it would have to be replaced with one that is the same size. The property is 0.70 acres with ample yard space and parking. The building is located close to all the shops & restaurants that Liberty has to offer; hot spots such as New Munson Diner, Liberty Diner, Paesanos Pizzeria, Sweet Basil Thai, Floyd & Bobo's Bakery, Don Gabriel's, and the Liberty Agway. Also close to Shoprite, Trading Post, Walgreen's, & Tractor Supply Co. For some local fun and adventure, Walnut Mountain Park, Sullivan County Golf Club, and Liberty Heights Indoor Trampoline Park are all nearby. The village provides municipal water/sewer & garbage pickup.
Exterior Features

Attached Garage YN No Construction Materials FrameVinyl Siding Lot Features Level Parking Features Parking Lot Parking Total 8 Patio And Porch Features Porch Property Attached YN No Road Responsibility Public Maintained Road

Interior Features

Basement Details FullUnfinished Common Walls No Common Walls Cooling None Cooling YN No Heating OilHot Water Hot Water Electric Stand Alone Interior Features Master DownstairsHigh Speed Internet Number Of1 Bedrooms 2 Number Of2 Bedrooms 1 Number Of3 Bedrooms 1

Property Features

Community Features Park Fuel Expense 4500 Garbage Removal Public MLSArea Minor 99 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 0 Number Of4 Bedrooms 0 Other Expense 5000 Owner Pays Insurance Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 9112 Tax Annual Amount1 9112 Tenant Pays None Village Liberty Village Water Source Public

Listing courtesy of Alan Wieder of Catskills Home Services: (845) 397-7768
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ellis Sotheby's International Real Estate. Data last updated: 2024-07-22T21:19:21.3.
 
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