359-365 W Lake Street, Liberty, NY 12754 | MLS H6297131 | Listing Information | Berkshire Hathaway HomeServices Blake, REALTORS | Berkshire Hathaway HomeServices Blake, REALTORS
FOR SALE
$475,000  

359-365 W Lake Street
Liberty, NY 12754

Multi-Family
Residential
7
Beds
5
Baths
2,280
Sq. Ft.
0.7
Acres Lot
Listing by: Catskills Home Services, (845) 397-7768
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.
H6297131
Multi-Family, Other
7
Sullivan
5 Full
1861
0.7 Acres
Public
Frame,Vinyl siding
Public Sewer
2,280 Sq. Ft.
School Information
Liberty Elementary School
Liberty Avenue Middle School
Liberty High Sch Acad-Newcomers
Bathrooms
5
Total:5
Interior Features
Appliances
Electric Water Heater
Cooling
None
Heating
Oil. Hot Water.
Common Walls
No Common Walls
Basement
Full, Unfinished
Additional Interior Features
Master Downstairs, High Speed Internet
Exterior / Lot Features
Parking
8 Parking Spaces. Parking Lot.
Exterior
Vinyl, Frame
Patio
Porch
Additional Exterior/Lot Features
Level.
Financial Considerations
483601.110.000-0004-014.000/0000
$9,112
Listing by: Catskills Home Services, (845) 397-7768
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