359-365 W Lake Street
Liberty, NY 12754
$435,000
6 beds | 4 baths | 0.70 acres | #H6325272
Off Market
Description
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.
Location
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Alan R. Wieder
Listing Office: Catskills Home Services
Keller Williams LandmarkAsk Vinny Thompson team
