292,298,304 Wade Road, Fallsburg, NY 12754

  • $1,200,000
Active
292,298,304 Wade Road, Fallsburg, NY 12754
  • $1,200,000

Overview

Property ID: H6333960
  • Multi Family, Commercial Sale
  • Property Type
  • 4656
  • Square Feet
  • 1940
  • Year Built

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! Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

Details

Updated on December 16, 2024 at 3:54 pm
  • Property ID: H6333960
  • Price: $1,200,000
  • Property Size: 4656 Square Feet
  • Land Area: 8.07 Acres
  • Garage Size: x x
  • Year Built: 1940
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

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Jerry Wang
  • Jerry Wang