2 Cherry Lane, Liberty, NY 12754
- $599,999
- List Price
- $599,999
- Price Change
- ▼ $100,000 1779757818
- Status
- ACTIVE
- MLS#
- 974929
- Lot Size
- 218,250
- Neighborhood
- Liberty
- Acres
- 5.01
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
Additional Information
- Utilities
- Cable Available, Electricity Available, Natural Gas Connected, Water Connected
- Water
- Well
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Listing courtesy of Listing Agent: Eidel Moses (EidelMoses2@gmail.com) from Listing Office: Rodeo Realty Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.