304 Wade Rd Liberty, NY 12754
- Commercial real estate
- 4,656 SF
- 8.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 304 Wade Rd
- Year built
- 1940
- Lot size
- 8.07 lot acres
- Property size
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Sullivan County
- State
- New York
- Longitude
- -74.6865
- Latitude
- 41.7948
