359-365 W Lake St, Liberty, New York, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$435,000

359-365 W Lake St
Liberty, New York, United States

6bd 4ba

Listed By: Realtyww Info

Listed On: 08/30/2024

Listing ID: GL11364826 View More Details

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 and 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 and restaurants that Liberty has to offer; hot spots such as New Munson Diner, Liberty Diner, Paesanos Pizzeria, Sweet Basil Thai, Floyd and Bobo's Bakery, Don Gabriel's, and the Liberty Agway. Also close to Shoprite, Trading Post, Walgreen's, and 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 and garbage pickup.

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Listed by: Alan Wieder