304 Wade RdLiberty, NY 12754

Property Details for 304 Wade Rd

Year built

1940

Lot size

8.07 AC

Property size (Sq ft)

4,656 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a unique nine-unit income-producing property situated on a sprawling 8.07-acre lot in Liberty, NY. The property comprises multiple structures, offering a diverse range of rental units. A three-bedroom home, complete with its own separate meter and heating system, is included. Two additional two-bedroom duplex-style units provide four more rental units. An additional apartment building located behind the homes offers another four units. Currently, three units generate rental income, while a fourth unit serves as a community clubhouse, equipped with a full kitchen and bathroom. This space is easily convertible into an additional rental unit, significantly increasing the property's income potential. The property also boasts several outbuildings, providing ample storage and versatile space. The property is located within the Tri-Valley School district and is subject to Fallsburg taxes. This multifaceted rental property offers a tranquil setting and a strong income stream. An additional 5 acres of land across the street are available for purchase, presenting an opportunity for expansion. The property features oil-fueled heating and ample storage. The total square footage is 4,656. This property is priced at $1,200,000.

Location Insight

City

Liberty

County

Sullivan County

State

New York

Latitude

41.7948

Longitude

-74.6865

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