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$ 599,999
Est. payment | /mo
5 Acres Lot
$ 599,999
Est. payment | /mo
5 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 974929
Rental Info No
Annual Tax Amount $9,876
Lot Size 5.000 Acres
Acres 5.0
Source onekey2
Property Description
Prime value-add investment opportunity at Cherry Lane in Liberty, NY, featuring a5 -acre parcel with 12 mobile home units and strong upside potential. The property is currently underperforming but has the potential to reach approximately $240,000 in annual income once renovated and properly managed. With well and sewer water infrastructure already in place and an estimated $360,000 renovation budget, this asset is ideal for an investor looking to reposition, increase rents, and unlock significant long-term cash flow in a growing upstate market.
Great for an investment or for your own group. ARV IS 16-18 CAP
Great for an investment or for your own group. ARV IS 16-18 CAP
Location
State NY
County Sullivan County
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Water Connected
Building
Sewer Public Sewer
Water Well
Schools
Elementary Schools Liberty Elementary School
Middle Schools Liberty Middle School
High Schools Liberty
School District Liberty
Others
Senior Community No
Special Listing Condition None
Listed by Rodeo Realty Inc • Eidel Moses
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson | License ID: 10401267947