Active
4,656 sqft$258/sqft
304 Wade Rd, Liberty, NY 12754
Est: $7,047/moGet pre-approved
Multi FamilyProperty Type
8.07 acresLot Size
1940Year Built
$258/sq ftPrice per sq ft

Description

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 that sits behind these homes offer four units. Currently, three of these units are rented out,...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 that sits behind these homes offer 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 easily convertible 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 looking for a multifaceted rental income stream in a tranquil setting, this is it!
668 days on Market
  • Listed by: Maxine H Schulte 845.866.4673 maxine.schulte@gmail.com • The Maxx Group LLC
Last updated: 10/27/2024 11:12 AM • Source: ONEKEY as distributed by MLS GRID, MLS#: H6333960

Location

Listing Courtesy of The Maxx Group LLC
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Payment Calculator

$7,047 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,099

Property Taxes

$948

HOA Dues

$0

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Property Information for 304 Wade Road

Property Details
  • Taxes: $11,372 / year
  • MLS Type: Multi Family
  • Township: Fallsburg
  • City/Township: Fallsburg
  • Community Features: Clubhouse, Park
  • Garage Spaces: 0
Building Information
  • Residences: 9
  • Year Built: 1940
  • Lot Size: 8.07 AC / 351,529 SF
Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Route 52, headed from Liberty Wade Road, will be on your left. See sign Multi-units all on the right side, vacant lot across the street.
  • Property Attached: Yes
  • Structure Type: Attached
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Tri-Valley
  • Elementary School District: Tri-Valley
  • Elementary School: Tri-Valley Elementary School
  • Middle Or Junior School District: Tri-Valley
  • Middle Or Junior School: Tri-Valley Secondary School
  • High School District: Tri-Valley
  • High School: Tri-Valley Secondary School
Unit Information
Unit Information
  • Building Units Total: 9
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 2889-007-0-0001-037-016
  • Tax Map Number: 2889-007-0-0001-037-016
  • Tax Assessed Value: $160,000.00
Interior and Exterior Features
Interior Features
  • Amenities: Clubhouse, Hardwood Floors As Seen, Park, Porch, Storage, Well
  • Interior Features: Storage
  • Living Area Units: Square Feet
  • Basement: None
  • Location Amenities: Clubhouse, Hardwood Floors As Seen, Storage, Porch
  • Common Walls: 2+ Common Walls
  • Flooring: Hardwood
  • Living Area: 4656
Exterior Features
  • Exterior Property Features: Porch, Driveway, Parking Lot, Clubhouse, Park
  • Elevation Certificate: No
  • Patio And Porch Features: Porch
Lot Information
  • Site Features: Clubhouse, Park
  • Building Area Units: Square Feet
Parking
  • Parking Features: Driveway, Parking Lot
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Oil, Propane, Forced Air
  • Heat Fuel Type: Oil, Propane, Forced Air
  • Number Of Separate Gas Meters: 4
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Oil, Propane, Forced Air

Property History for 304 Wade Road

DateEvent & SourcePriceAppreciation
Oct 25, 2024

Listed (Active)

ONEKEY #H6333960

$1,200,000
Aug 15, 2023

Expired

ONEKEY #H6205127

Mar 30, 2023

Temporarily Off Market

ONEKEY #H6205127

DateEvent & SourcePrice
10/25/2024

Listed (Active)

ONEKEY #H6333960

$1,200,000
08/15/2023

Expired

ONEKEY #H6205127

03/30/2023

Temporarily Off Market

ONEKEY #H6205127

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 304 Wade Road

This home is within Tri-Valley Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Tri Valley Elementary School
PublicPK to 6

Tri Valley Secondary School
Public7 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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304 Wade Road is a multi-family home for sale in Liberty, NY 12754. This property was listed for sale on October 25, 2024 by The Maxx Group LLC, it's currently listed at $1,200,000. This listing's school district is Tri-Valley Central School District. Nearby schools include Tri Valley Elementary School and Tri Valley Secondary School. 304 Wade Road is a 0-bed, 0-bath, 4,656 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Maxx Group LLC

Based on information submitted to the MLS GRID as of 10/27/2024 11:12 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.