359-365 West Lake Street

Liberty, NY 12754

$435,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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. Additional Information: HeatingFuel:Oil Above Ground,
  1. Listed by Alan R. Wieder • Catskills Home Services
    P: (845)-397-7768 C: (845)-397-7768 Alan@catskillshomeservices.com

Property Details for 359-365 West Lake Street

Waterfront
No
LISTING UPDATED: 12/04/2024 05:49 PM

Property Details for 359-365 West Lake Street

StatusActive
MLS #H6325272
Days on Market111
Taxes$9,112 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1861
Lot Size0.70 AC / 30,492 SF
CountySullivan County

Building Information for 359-365 West Lake Street

Stories-Residences5Year Built1861Building Size-Lot Size0.70 AC / 30,492 SF

Property Information for 359-365 West Lake Street

Summary
Location and General Information
  • Village: Liberty
  • Senior Community YN: No
  • Directions: GPS to 365 W Lake Street for the main building. The addresses for the mobile homes are 361 & 363.
  • Year Built Effective: 2023
  • Property Attached: No
  • Structure Type: false
  • Property Condition: Actual
  • State Or Province: NY
School Information
  • School District: Liberty
  • Elementary School: Liberty Elementary School
  • Middle Or Junior School: Liberty Avenue Middle School
  • High School District: Liberty
  • High School: LIBERTY HIGH SCHOOL (grades 9-12)
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
Unit 2 Information
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
Unit 3 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
Unit 4 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,500.00
Unit Information
  • Building Units Total: 5
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 483601.110.000-0004-014.000/0000
  • Included In Taxes: Trash
  • Tenant Pays: None
  • Additional Fees: 0
  • Association Amenities: Park
Income & Expenses Information
Income & Expenses Information
  • Fuel Expense: $4,500.00
  • Other Expense: $5,000.00
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, High Speed Internet, Park, Porch, Public
  • Interior Features: 1st Fl Master Bedroom, High Speed Internet
  • Primary on Main: Yes
  • Basement: Full, Unfinished
  • Location Amenities: 1st Fl Master Bedroom, High Speed Internet, Porch
Exterior Features
  • Exterior Property Features: Porch, Parking Lot, Near Shops, Level
  • Elevation Certificate: No
  • Patio And Porch Features: Porch
  • Construction Materials: Frame,Vinyl Siding
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Near Shops,Level
  • Site Features: Near Shops, Level
Parking
  • Parking Features: Parking Lot
Utilities
  • Cooling: None
  • Heating: Oil, Radiant
  • Heat Fuel Type: Oil, Radiant
  • Number Of Separate Gas Meters: 0
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available,Trash Collection Public
  • Number Of Separate Electric Meters: 1
Green Features
  • Green Features: Oil, Radiant

Schools near 359-365 West Lake Street

This home is within Liberty Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Liberty Elementary School
PublicPK to 4

Liberty Middle School
Public5 to 8

Liberty Middle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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359-365 West Lake Street is a multi-family home for sale in Liberty, NY 12754. This property was listed for sale on August 28, 2024 by Catskills Home Services, it's currently listed at $435,000. This listing's school district is Liberty Central School District. Nearby schools include Liberty Elementary School, Liberty Middle School and Liberty Middle High School. 359-365 West Lake Street is a 6-bed, 4-bath, multi-family home built in 1861.

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Listing Courtesy of Catskills Home Services

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