304 Wade Rd, Liberty, NY 12754
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.