Unique Nine-Unit Income-Producing Property with Unlimited Potential. This expansive rental property offers a rare investment opportunity with nine rental units across multiple structures, all set on a sprawling 8-acre lot. This property features a three-bedroom home with its own meter and heat separate from the other units. Two separate two-bedroom duplex-style units and an additional apartment building that sits behind these homes offer four units. Currently, three of these units are rented out, and the fourth unit is being used as a community clubhouse with a full kitchen and bathroom easily convertible into another rental unit for additional income. This property also includes several outbuildings, providing ample space and adding versatility to the investment. Located in the Town of Liberty with a Tri-Valley School district and Fallsburg Taxes, this property offers great value. Plus, there is an option to purchase an additional 5 acres across the street. If you're looking for a multifaceted rental income stream in a tranquil setting, this is it!
Property Details
Property Features
Property Information:
Year Built: 1940
Living Area: 4,656 SqFt
Listing Office:
Office Name: The Maxx Group LLC
Office Phone: (845) 866-4673
Interior Features
Interior Information:
Basement: No
Flooring Type: Hardwood
Interior: Storage
Exterior Features
Parking Information:
Attached Garage: No
Parking: Driveway, Parking Lot
Lot Features
Lot Information:
Lot Size: 8.07 Acres
Utilities
Utilities Information:
Heating: Oil, Propane, Forced Air
Cooling: None
Other
Directions Information:
Directions: Route 52, headed from Liberty Wade Road, will be on your left. See sign Multi-units all on the right side, vacant lot across the street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Price Per SqFt: $258/SqFt
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Housing Market Comparison
See how this home compares to others in Liberty, NY.
This property is $972K more than the Median Sold Price and $92/SqFt more than other homes in Liberty, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H6333960
Listing Office:
Office Name: The Maxx Group LLC
Office Phone: (845) 866-4673
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/5/2024, 11:11:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Liberty Elementary School
201 N Main St
Distance between this listing and this school3.21 miles
Public District Grades PK-4
2
/10
Benjamin Cosor Elementary School
15 Old Falls Rd
Distance between this listing and this school5.77 miles
Public District Grades PK-6
9
/10
George L Cooke School
69 Richardson Ave
Distance between this listing and this school8.63 miles
Public District Grades KG-5
Nearby Schools
3
/10
Robert J Kaiser Middle School
45 Breakey Ave
Distance between this listing and this school9.18 miles
Public District Grades 6-8
4
/10
Ellenville Middle School
28 Maple Ave
Distance between this listing and this school16.35 miles
Public District Grades 6-8
3
/10
Crispell Middle School
77 Maple Ave
Distance between this listing and this school23.21 miles
Public District Grades 6-8
Nearby Schools
4
/10
Liberty Middle/High School
125 Buckley St
Distance between this listing and this school3.63 miles
Public District Grades 5-12
2
/10
Fallsburg Junior Senior High School
115 Brickman Rd
Distance between this listing and this school5.01 miles
Public District Grades 7-12
4
/10
Monticello High School
39 Breakey Ave
Distance between this listing and this school9.13 miles
The neighbors living near this home have an average income of $48,333. Typical income of Liberty, NY residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 292,298,304 Wade Road in Liberty, NY and zip code 12754. This 4,656 square foot home, which was built in 1940, sits on a 8.07 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,200,000.
While more than 0 listings in Liberty, NY in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of listings in Liberty, NY increased by 10.5% between September 2024 and October 2024. Listings spent 84 days on the market in October 2024, and had a median list price of $228,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.