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292-304 Wade Rd 9 Unit Apartment Building $1,659,000 CAD ($184,333 CAD/Unit) Liberty, NY 12754

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EXECUTIVE SUMMARY

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 situated behind these homes offer a total of 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 that can be easily converted 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 seeking a multifaceted rental income stream in a serene setting, this is it! Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,
Club House Unit currently vacant can be rented at $1600 per month has a full kitchen and bathroom
Unit 2- $800 per month Unit 3-$1100 Unit 4-$1,000 Unit 5-$1650 Unit 6- $1650 Unit 7-$1650 Unit 8- $1650 Unit 9-$1600

PROPERTY FACTS

Price $1,659,000 CAD
Price Per Unit $184,333 CAD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 7.66 AC
Building Size 4,656 SF
No. Stories 1
Year Built 1940
Zoning R2 - Multi-Family

AMENITIES

UNIT AMENITIES

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Cabana
  • Walk To Campus
  • Listing ID: 35743281

  • Date on Market: 2025-05-05

  • Last Updated:

  • Address: 292-304 Wade Rd, Liberty, NY 12754

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