359 365 W Lake Street
Liberty, NY 12754

  • 7 beds
  • 5 baths
  • 2,280 sqft
  • ~3/4 acre lot
  • $208 per sqft
  • 1861 build
  • on site

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. The 3-bedroom is currently occupied, the other three 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.

OneKey MLS logo Listing courtesy of ONEKEY / Catskills Home Services

Last checked: Checking… • Last updated Apr 20, 2024 •

MLS# H6297131 —

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Sale history

Date Event Source Price % Change
3/26/24
Listed / Active ONEKEY $475,000

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Multifamily For Sale

$475,000

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Listing provided by broker:

Alan Wieder

Catskills Home Services

(845) 397-7768

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This multifamily located in Liberty, NY 12754 is currently for sale for $475,000. 359 365 W Lake Street is a 2,280 square foot multifamily with 7 beds and 5 baths that has been on Estately for 33 days. This multifamily is in the attendance area of Liberty Middle School, Liberty High School, and Liberty Elementary School.

OneKey MLS logo Listing Courtesy of: ONEKEY and Catskills Home Services.

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