359-365 West Lake Street

Liberty, NY 12754

$475,000
Price
7
Beds
5
Baths
2,280 Sq. Ft.
$208 / Sq. Ft.
2,280
Sq. Ft.
$208
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. 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.
  1. Listed by Alan R. Wieder • Catskills Home Services
    P: 845-397-7768 C: 845-397-7768 Alan@catskillshomeservices.com
  2. Listed by Steven J. Kraus • Catskills Home Services
    P: 845-397-7768 C: 845-397-7768 Steven@catskillshomeservices.com

Property Details for 359-365 West Lake Street

Community Features
Park
Garage Spaces
.00

Location

Listing Courtesy of Catskills Home Services
Add your commute
LISTING UPDATED: 03/27/2024 05:21 PM

Property Details for 359-365 West Lake Street

StatusActive
MLS #H6297131
Days on Market33
Taxes$9,112 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1861
Lot Size0.70 AC / 30,492 SF
CountySullivan County

Location

Listing Courtesy of Catskills Home Services
Add your commute

Building Information for 359-365 West Lake Street

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

Payment Calculator

$3,352 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$759

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 359-365 West Lake Street

Summary
Location and General Information
  • Village: Liberty Village
  • Hamlet: Liberty Village
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: GPS to 365 W Lake Street for the main building. The addresses for the mobile homes are 361 & 363.
  • Year Built Source: Owner
  • Year Built Effective: 2023
  • Property Attached: No
  • Structure Type: false
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • State Or Province: NY
School Information
  • School District: Liberty
  • Elementary School District: Liberty
  • Elementary School: Liberty Elementary School
  • Middle Or Junior School District: Liberty
  • Middle Or Junior School: Liberty Avenue Middle School
  • High School District: Liberty
  • High School: Liberty High Sch Acad-Newcomers
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Baths Half: 0
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Baths Half: 0
  • Unit Type Rooms Total: 2
  • Unit Type Leased: 0
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 3 Information
  • Unit Type Unit Number: Unit_3
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Baths Half: 0
  • Unit Type Rooms Total: 3
  • Unit Type Leased: 0
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 4 Information
  • Unit Type Unit Number: Unit_4
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Baths Half: 0
  • Unit Type Rooms Total: 4
  • Unit Type Leased: 0
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 5 Information
  • Unit Type Unit Number: Unit_5
  • Unit Type Floor Location: MH
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Baths Half: 0
  • Unit Type Rooms Total: 3
  • Unit Type Leased: 0
Unit Information
  • Number Of 1 Bedrooms: 2
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 5
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 483601.110.000-0004-014.000/0000
  • Tax Map Number: 483601.110.000-0004-014.000/0000
  • Included In Taxes: Trash
  • Tenant Pays: None
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
  • Living Area: 2280.0
  • Living Area Units: Square Feet
  • Primary on Main: Yes
  • Basement: Full, Unfinished
  • Location Amenities: 1st Fl Master Bedroom, High Speed Internet, Porch
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Porch, Parking Lot, Park, Level
  • Elevation Certificate: No
  • Patio And Porch Features: Porch
  • Construction Materials: Frame,Vinyl Siding
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level
  • Site Features: Park, Level
  • Building Area Units: Square Feet
Parking
  • Parking Features: Parking Lot
  • Parking Total: 8.00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Oil, Hot Water
  • Heat Fuel Type: Oil, Hot Water
  • Hot Water: Electric Stand Alone
  • Number Of Separate Gas Meters: 0
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 1
Green Features
  • Green Features: Oil, Hot Water

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 March 26, 2024 by Catskills Home Services, it's currently listed at $475,000. 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 7-bed, 5-bath, 2,280 sqft multi-family home built in 1861.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Catskills Home Services

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