136 Wells Avenue Active Save Request In-Person Tour Request Virtual Tour
Middleburgh,NY 12122
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $81
MLS Listing ID 202522591
Bedrooms 6
Full Baths 5
Year Built 1960
Annual Tax Amount $5,757
Lot Size 4,356 Sqft
Property Sub-Type Multi Family
Property Description
Outstanding Investment Opportunity! This fully occupied 5-unit multifamily property
delivers a strong 10% Cash-on-Cash ROI with an NOI of $27,531. Situated on a corner lot,
the property includes off-street parking for 5 vehicles and features four 1-bedroom units and
one 2-bedroom unit—all separately metered with 100-amp circuit breakers.
Recent improvements include a 3-year-old roof, Unit #4 remodeled, offering peace of mind to
any investor but cannot be shown for medical reasons! Located just 30 minutes from Albany, this is a prime commuter-friendly location
with consistent rental income. Whether you're growing your portfolio or stepping into
multifamily ownership, this asset is a smart addition. Don't miss your chance to own this cashflowing gem! See Proforma in Docs.
Location
State NY
County Schoharie
Interior
Heating Electric,Hot Water,Oil
Flooring Carpet,Hardwood,Laminate
Exterior
Exterior Feature None
Parking Features Off Street
Roof Type Metal
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Schools
School District Middleburgh
Others
Special Listing Condition Standard