292-304 Wade Rd - Apartments FOR SALE


Liberty, NY 12754
$1,200,000 USD
845-866-4673
292-304 Wade Rd, Liberty, NY for Sale
$1,200,000 USD
Apartments - FOR SALE
1/73
null | Request Cap Rate

292-304 Wade Rd
Liberty, NY 12754


OVERVIEW

Unique Nine-Unit Income-Producing Property with Unlimited Potential. This expansive rental property offers a rare investment opportunity with nine rental units across multiple structures, all set on a sprawling 8-acre lot. This property features a three-bedroom home with its own meter and heat separate from the other units. Two separate two-bedroom duplex-style units and an additional apartment building situated behind these homes offer a total of four units. Currently, three of these units are rented out, and the fourth unit is being used as a community clubhouse with a full kitchen and bathroom that can be easily converted into another rental unit for additional income. This property also includes several outbuildings, providing ample space and adding versatility to the investment. Located in the Town of Liberty with a Tri-Valley School district and Fallsburg Taxes, this property offers great value. Plus, there is an option to purchase an additional 5 acres across the street. If you're seeking a multifaceted rental income stream in a serene setting, this is it! Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground, Club House Unit currently vacant can be rented at $1600 per month has a full kitchen and bathroom Unit 2- $800 per month Unit 3-$1100 Unit 4-$1,000 Unit 5-$1650 Unit 6- $1650 Unit 7-$1650 Unit 8- $1650 Unit 9-$1600

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

9

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.66 AC

LAND SF

333,882 SF

ZONING

-

APN/PARCEL ID

482889 7.-1-37.16

ASK ABOUT THIS PROPERTY

Maxine SchulteThe Maxx GroupMore Info
845-866-4673

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Maxine SchulteThe Maxx GroupMore Info
845-866-4673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.