292, 298, 304 Wade Rd, Fallsburg, NY, 12754
$1,200,000
Multi Family
Commercial
, 4656 SqFt
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
Lot Size: 8.07
Lot Sq Ft: 351529
Approx. Int. Sq. Ft.: 4656.00
Parking Spaces: Yes
Parking Facilities: Driveway, Parking Lot
Heat: Oil, Propane, Forced Air
A/C: None
Water: Drilled Well
Sewer: Septic Tank
Taxes: $11,372
School District: Tri Valley
Listing Information provided courtesy of
The Maxx Group LLC
845-866-4673