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. All units 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.
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Year Built: 1861
Living Area: 2,280 SqFt
Listing Office:
Office Name: Catskills Home Services
Office Phone: (845) 397-7768
Interior Features
Interior Information:
Basement: Yes
Interior: Master Downstairs, High Speed Internet
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 6
Exterior Features
Parking Information:
Attached Garage: No
Parking: Parking Lot
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.70 Acres
Utilities
Utilities Information:
Heating: Oil, Hot Water
Cooling: None
Other
Directions Information:
Directions: GPS to 365 W Lake Street for the main building. The addresses for the mobile homes are 361 & 363.
Price Information
Listing Price Info
Price Summary:
List Price: $435,000
Price Per SqFt: $191/SqFt
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Housing Market Comparison
See how this home compares to others in Liberty, NY.
This property is $207K more than the Median Sold Price and $25/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: #H6325272
Listing Office:
Office Name: Catskills Home Services
Office Phone: (845) 397-7768
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
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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.
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Nearby Schools
4
/10
Liberty Elementary School
201 N Main St
Distance between this listing and this school0.81 miles
Public District Grades PK-4
5
/10
Livingston Manor Elementary School
19 School St
Distance between this listing and this school8.33 miles
Public District Grades PK-6
2
/10
Benjamin Cosor Elementary School
15 Old Falls Rd
Distance between this listing and this school9.19 miles
Public District Grades PK-6
Nearby Schools
3
/10
Robert J Kaiser Middle School
45 Breakey Ave
Distance between this listing and this school10.86 miles
Public District Grades 6-8
4
/10
Ellenville Middle School
28 Maple Ave
Distance between this listing and this school19.78 miles
Public District Grades 6-8
3
/10
Crispell Middle School
77 Maple Ave
Distance between this listing and this school26.64 miles
Public District Grades 6-8
Nearby Schools
4
/10
Liberty Middle/High School
125 Buckley St
Distance between this listing and this school0.76 miles
Public District Grades 5-12
5
/10
Livingston Manor High School
19 School St
Distance between this listing and this school8.33 miles
Public District Grades 7-12
2
/10
Fallsburg Junior Senior High School
115 Brickman Rd
Distance between this listing and this school8.41 miles
The neighbors living near this home have an average income of $46,554. Most Liberty, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 359-365 W Lake St in Liberty, NY and zip code 12754. This 2,280 square foot home, which was built in 1861, sits on a 0.70 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $435,000.
In October 2024 more than 0 listings in Liberty, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. Between September 2024 and October 2024, Liberty, NY real estate market has seen increase in the number of listings by 10.5%. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $228,000.
From Rocket Homes Real Estate and based on county public records data.