292,298,304 Wade Road | Fallsburg

$1,200,000

Unique Nine-Unit Income-Producing Property with Unlimited Potential.\nThis 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.\nThis 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, OneKeyMLS H6333960

Directions to property: Route 52, headed from Liberty Wade Road, will be on your left. See sign Multi-units all on the right side, vacant lot across the street.

MLS Listing ID: 
OneKeyMLS H6333960
Community Information
School District: 
Tri Valley
Building Details
Details about the building on a property.
Year Built: 
1940
Basement: 
None
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Oil,Propane,Forced Air
Cooling System: 
None
Water Source: 
Drilled Well
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Area): 
8.07
Waterfront: 
0
Lot Features
Parking Type: 
Driveway,Parking Lot
Public Record
Parcel Number: 
2889-007-0-0001-037-016
Annual Tax: 
$11,372.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
10/25/2024
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Maxine H Schulte
Listing Office Name: 
The Maxx Group LLC