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72 Academy St 6 Unit Apartment Building $919,363 CAD ($153,227 CAD/Unit) 9.65% Cap Rate Liberty, NY 12754

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INVESTMENT HIGHLIGHTS

  • This is an excellent income-producing property with a pro forma cap rate of 9.65%.
  • These apartments are currently vacant and ready to rent at market rates.
  • The location is prime, situated in the center of the Village of Liberty, close to main roads.
  • The property features six spacious units, mostly renovated!
  • Utilities are fully separated for each unit.
  • Possible to add another multi-unit structure in the front part of the lot.

EXECUTIVE SUMMARY

Introducing an excellent investment opportunity at 72 Academy St in Liberty! This income-producing property boasts an impressive pro forma cap rate of 9.65%, making it an attractive option for prospective investors. The property features six spacious units, most of which have been recently renovated, and are currently vacant and ready to rent at market rates. Each apartment has separated utilities, ensuring convenience for tenants. Located in the heart of the Village of Liberty, this prime location offers easy access to main roads and local amenities. Additionally, there is potential for expansion with the possibility of adding another multi-unit structure on the front section of the lot. Don’t miss out on this fantastic opportunity to capitalize on the vibrant rental market in this desirable area!

PROPERTY FACTS

Price $919,363 CAD
Price Per Unit $153,227 CAD
Sale Type Investment
Cap Rate 9.65%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class C
Lot Size 0.32 AC
Building Size 4,410 SF
Average Occupancy 0%
No. Stories 3
Year Built/Renovated 1900/2025
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Yard
  • Lawn

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3601-108-0-0004-010-000
Land Assessment
$16,227 CAD
Improvements Assessment
$130,518 CAD
Total Assessment
$146,744 CAD
  • Listing ID: 37563251

  • Date on Market: 2025-09-05

  • Last Updated:

  • Address: 72 Academy St, Liberty, NY 12754

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