1 month on rocket

359-365 W Lake St, Liberty, NY, 12754

$475,000

Home List Price

$5,641*

Closing Credit

7 Bedrooms
5 Full Baths
2,280 SqFt
$208/SqFt
Multi
Schools Nearby

Location

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359-365 W Lake St, Liberty$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Lot
Year Built1861
HeatingOil, Hot Water
CoolingNone
BasementYes
MLS #H6297131
Lot Size0.70 Acres
StatusActive
(A)

About 359-365 W Lake St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1861
  • Living Area: 2,280 SqFt

Listing Office:

  • Office Name: Catskills Home Services
  • Office Phone: (845) 397-7768

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Master Downstairs, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.70 Acres

Utilities

Utilities Information:

  • Heating: Oil, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: GPS to 365 W Lake Street for the main building. The addresses for the mobile homes are 361 & 363.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $208/SqFt
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Housing Market Comparison

See how this home compares to others in Liberty, NY.

Med. Sold Price

$204.7K

Med. Price/SqFt

$173

Avg. Days On Market

151

# of Sold Homes

5

359-365 W Lake St vs Liberty

36 DAYS ON ROCKET

-115 Days

$475,000

+$270.2K More

$208/SqFt

+$35 More

KEY TAKEAWAY

This property is $270.2K more than the Median Sold Price and $35/SqFt more than other homes in Liberty, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6297131

Listing Office:

  • Office Name: Catskills Home Services
  • Office Phone: (845) 397-7768

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The 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 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2024, 12:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4707884
4
/10
  • Liberty Elementary School

  • 201 N Main St

  • 0.81 miles

  • Public District Grades PK-4

school-card-donut-4707885
5
/10
  • Livingston Manor Elementary School

  • 19 School St

  • 8.33 miles

  • Public District Grades PK-6

school-card-donut-4707886
2
/10
  • Benjamin Cosor Elementary School

  • 15 Old Falls Rd

  • 9.19 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,554. Residents of Liberty, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkSullivan CountyLiberty12754359-365 W Lake St

This home is located at 359-365 W Lake St in Liberty, NY and zip code 12754. This 2,280 square foot home, which was built in 1861, sits on a 0.70 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $475,000.

Liberty, NY housing market in April 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 1 sold below. The inventory of homes for sale in Liberty, NY between March 2024 and April 2024 increased by 12.5%. While the average time on the market in April 2024 was 151 days, the median list price was $204,750.

From Rocket Homes Real Estate and based on county public records data.

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