52 Lincoln Place, Liberty, NY, 12754
$649,900
activeBedrooms
0
Lot Size
12,197 sqft
Year Built
1940
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
INVESTMENT OPPORTUNITY AWAITS; 2 SEPARATE BUILDINGS; BACK BUILDING CONTAINS 3 (1) BEDROOM APARTMENTS; LEVEL 1 HAS ONE APARTMENT; LEVEL 2 HAS 2. (1) BEDROOM APARTMENTS. RENT IS $1400 PER MONTH; TOTALING $4,200. TENANT PAYS ELECTRIC; LANDLORD PAYS HEAT, WATER/ SEWER AND GARBAGE. FRONT BUILDING SUSTAINED FIRE DAMAGE. ZONED MULTI FAMILY. PER BUILDING DEPT FRONT BUILDING, WOULD REQUIRE A LETTER FROM LICENSED ENGINEER FOR STRUCTURAL INTEGRITY AND A PARKING PLAN FOR ADDITIONAL RENTAL UNITS. ORIGINALLY FRONT BUILDING CONTAINED 3 APARTMENTS.. IN LIBERTY APARTMENTS THAT ARE RENOVATED ARE CHANGED TO ELECTRIC HEAT. NEW AND RENOVATED 2 BEDROOM APARTMENTS RANGE FROM $1800 to $2400 PER MONTH. OWNER WILL CONSIDER HOLDING MORTGAGE UNTIL BUYERS RENOVATIONS ARE COMPLETE.
Listed by Olga M Krasinski, Olga Krasinski Real Estate
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