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$475,000
28 Days Online

359-365 W Lake Street
Liberty, NY 12754

For Sale|Multi-Family|Active
County:
Sullivan
Listing courtesy of Catskills Home Services (845) 397-7768

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359-365 W Lake Street359-365 W Lake Street359-365 W Lake Street359-365 W Lake Street
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A smart investment, with tons of extra income potential! If you have been looking for a multi-family money maker, look no further than 359-365 West Lake Street. Currently configured with four apartments and two mobile homes, there is also an attic apartment that once finished, would create a total of seven units. Its location in the Village of Liberty ensures that the rental units will always be in high demand and provides the benefit of municipal services. With local values on the rise and a severe shortage of rental units, this building would be a great addition to your portfolio. The building features a 3-bedroom apartment, a studio apartment, a 1-bedroom apartment, and a 2-bedroom apartment. The 3-bedroom is currently occupied, the other three are vacant and move-in ready. The attic apartment is a massive space that has already been framed out. With approval from the Village Building Department (and an added means of egress) this could easily become an additional 3-bedroom apartment. There are two older mobile homes on the property. One (a 2BR) is tenant owned & occupied, the other (a 1BR) comes with the property and would need to be replaced. According to the Village, it would have to be replaced with one that is the same size. The property is 0.70 acres with ample yard space and parking. The building is located close to all the shops & restaurants that Liberty has to offer; hot spots such as New Munson Diner, Liberty Diner, Paesanos Pizzeria, Sweet Basil Thai, Floyd & Bobo's Bakery, Don Gabriel's, and the Liberty Agway. Also close to Shoprite, Trading Post, Walgreen's, & Tractor Supply Co. For some local fun and adventure, Walnut Mountain Park, Sullivan County Golf Club, and Liberty Heights Indoor Trampoline Park are all nearby. The village provides municipal water/sewer & garbage pickup.

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Listing Snapshot
Price 
$475,000
Days Online 
28 Days
Bedrooms 
7
Inside Area (SqFt) 
2,280 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.7 Acres
Year Built 
1861
MLS® Number 
H6297131
Status 
Active
Property Tax 
$9,112
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen online
General Features
Construction 
FrameVinyl Siding
Parking 
Parking Lot
Parking Spaces 
8
Sewer 
Public Sewer
Basement 
FullUnfinished
Acreage 
0.7
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Attached Garage 
No
Interior Features
Cooling 
None
Heating 
OilHot Water
Interior 
Master DownstairsHigh Speed Internet
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Exterior Features
Lot 
Level
Patio And Porch 
Porch
Community Features
Community Features 
Park
Senior Community 
No
Schools
School District
Liberty
Elementary School
Liberty Elementary School
Middle School
Liberty Avenue Middle School
High School
Liberty High Sch Acad-Newcomers
Listing courtesy of Catskills Home Services (845) 397-7768


Based on information submitted to the MLS GRID as of 2024-04-24 07:35 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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