Property profile

304 Wade Rd Liberty, NY 12754

OFF-MARKET
Commercial real estate
4,656 SF 8.07 ac lot Built 1940
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Total area 4,656 SF
Lot 8.07 ac (351,529 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

304 Wade Rd Liberty, NY 12754
Liberty metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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