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.
Listing By
Agency Name: Rodeo Realty Inc
Agency Contact: 845-364-0195
Shown By
Agent Name: Jessica Stanco
Agent Phone: Cell: (631) 678-3834
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 4,950.62 per month $3,865.12 Principal & Interest $823.00 Property Tax $262.50 Homeowner's Insurance
Cherry | MLS# 974929
This land located at Cherry , Liberty, NY 12754 is currently listed for sale with an asking price of $899,999. The property has approximately 5.01 Acres. Cherry is located within the Liberty school district. Search Liberty real estate on www.jessicastanco.com today.