Middleburgh, NY 12122,107 Railroad Avenue
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Middleburgh, NY 12122,107 Railroad Avenue
Middleburgh, NY 12122,107 Railroad Avenue
Middleburgh, NY 12122,107 Railroad Avenue
Middleburgh, NY 12122,107 Railroad Avenue
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Fri
29
Aug
Sat
30
Aug
Sun
31
Aug
Listed by Pearl Ruby Torres • Keller Williams Realty Hudson Valley North
$ 449,000
Est. payment /mo
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107 Railroad Avenue Middleburgh, NY 12122

2 Beds

3 Baths

2,516 SqFt


UPDATED:

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

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,286

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Triplex

Source Global MLS

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 $70,917 and an impressive 15.97% 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

Direction Route 145 to Main St to Well Ave, Left on Grove turns into Railroad #107 on right. Do not bother employees, all questions to Listing Agent.

Interior

Heating Steam, Oil

Flooring Vinyl, Tile, Wood, Concrete

Equipment Other, Fuel Tank(s)

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature None

Parking Features Other, None

Utilities Available Cable Connected

Roof Type Metal

Porch None

Building

Lot Description Level, Road Frontage

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Middleburgh

Others

Tax ID 4338011061545

Special Listing Condition Standard


agent

Daniel Britten

Broker | License ID: 10311202969

+1(518) 858-5941

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107 Railroad Avenue