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MANHASSET LONG ISLAND NEW YORK
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292, 298, 304 Wade Rd, Liberty, NY, 12754 $1,200,000

Multi Family Commercial , 4656 SqFt 

Property Picture
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Details ML#: H6333960  

  • # of Families: 9
  • Sale or Rent:Sale
  • Year Built: 1940
  • Taxes: $11,372
  • Status:Active

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, 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!

More Property Details

Property Features

Lot Size: 8.07   Lot Sq Ft: 351529   Approx. Int. Sq. Ft.: 4656.00   Parking Spaces: Yes   Parking Facilities: Driveway, Parking Lot  

Appliances & Utilities

Heat: Oil, Propane, Forced Air   A/C: None   Water: Drilled Well   Sewer: Septic Tank  

Financial

Taxes: $11,372  

Local Area Information

School District: Tri Valley  

Listing Information provided courtesy of The Maxx Group LLC  845-866-4673
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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