359-365 W Lake Street
Liberty, NY, 12754 $ 450,000
Bedrooms7 Baths5.0 Sq 2,280 Monthly Estimate*
$ 2,991
for $450,000 with 7 bedrooms and 5 full baths. This 2,280 square foot home was built in 1861 on a lot size of 0.7.
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.
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FeaturesGeneralHigh School Liberty High Sch Acad-Newcomers
High School District Liberty
NumberOfUnitsTotal 5
Lot Size Units Acres
Elementary School Liberty Elementary School
Middle/Junior High School Liberty Avenue Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Middle/Junior School District Liberty
Elementary School District Liberty
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* Excluded FeaturesList ByCatskills Home ServicesBroker
Alan@catskillshomeservices.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,991
- Monthly Property Taxes
- $759
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Liberty, NY
Average List Price $517,000
Percent of Sale Price 15%
About Liberty, NY 8,437 Population
-12% Since 2002
$ 41,585 Median Income
42.3 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4099025 Elementary School
4100533 Middle School
Liberty High Sch Acad-Newcomers High School
Pricing HistoryDate | Price | Price Change | Description |
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5/31/2024 | $450,000 | -5.26% | Price Down |
3/26/2024 | $475,000 | | Listed Price |