107 Railroad Avenue Active Save Request In-Person Tour Request Virtual Tour
Middleburgh,NY 12122
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $178
MLS Listing ID 202524814
Bedrooms 2
Full Baths 1
Half Baths 2
Year Built 1920
Annual Tax Amount $3,286
Lot Size 1,742 Sqft
Property Sub-Type Triplex
Property Description
Step into a proven income producing opportunity! This 2,516 sq ft mixed-use building features three revenue generating units with long-term tenants in place. Spacious 2-Bedroom Apartment (1,258 sq ft): Occupied by a reliable long-term tenant who would like to stay. Two Storefronts: Value Village Wine & Liquor - thriving, established wine & liquor store included in the sale with strong community presence for more than 36 years. Business grosses $525K+ annually, with $100K in inventory, POS system, mini split with A/C, security cameras, signage and business name all included for a true turnkey transition with distributors, etc. Pet Groomer - loyal, long-term tenant who would like to stay. With a combined NOI of $69,751 and an impressive 15.53% cap rate, this property offers exceptional returns whether you're an investor looking to expand your portfolio or an owner-occupant seeking a steady income stream. Located in the heart of Middleburgh, NY, this is a rare opportunity to own both a successful wine & liquor business and a fully leased income property with immediate cash flow. 24 hour notice required.
Location
State NY
County Schoharie
Zoning Mixed
Interior
Heating Steam,Oil
Flooring Vinyl,Tile,Wood,Concrete
Equipment Other,Fuel Tank(s)
Exterior
Exterior Feature None
Parking Features Other,None
Utilities Available Cable Connected
Roof Type Metal
Building
Lot Description Level,Road Frontage
Sewer Public Sewer
Water Public
Schools
School District Middleburgh
Others
Special Listing Condition Standard