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72 Academy Street Liberty, NY 12754
$665,000
  • Commercial
  • NEW
  • Year Built 1900
  • Multi Family
  • ML# 906740

Property Details

Overview

Introducing an excellent investment opportunity at 72 Academy St in Liberty! This income-producing property boasts an impressive pro forma cap rate of 9.65%, making it an attractive option for prospective investors. The property features six spacious units, most of which have been recently renovated, and are currently vacant and ready to rent at market rates. Each apartment has separated utilities, ensuring convenience for tenants.Located in the heart of the Village of Liberty, this prime location offers easy access to main roads and local amenities. Additionally, there is potential for expansion with the possibility of adding another multi-unit structure on the front section of the lot. Don’t miss out on this fantastic opportunity to capitalize on the vibrant rental market in this desirable area!

Key Facts

  • Lot Size: 0.33
  • Lot Sq Ft: 14375
  • Taxes: $13,090
  • Sale or Rent: Sale
  • Block: 4
  • Lot: 10

Additional Features

  • Construction Materials: Other
  • Stories: 3

Interior & Utilities

  • Heat: Electric
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $13,090
Listing Information provided courtesy of MK Realty Inc  845-782-0205
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