107 Railroad Ave

Middleburgh, NY 12122
  • $449,000

    Price
  • 2

    Bed
  • 3

    Bath
  • 2,516

    SqFt

About the Listing o3239A - 30228

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.

Listing Highlights for 107 Railroad Ave

Status Active
Days on Site 8
Property Type Multi-Family
MLS ® 202524814
Year Built 1920
Total Square Footage 2,516
Lot/Acreage 0.04
County Schoharie
School District Middleburgh

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full / 2 Half
  • Appliances: Other,Fuel Tank(s)
  • Air Cond: Ductless
  • Heating: Steam,Oil
  • Fireplaces: 0
  • Floor: Vinyl,Tile,Wood,Concrete
  • Above Ground Sq Ft: 2516
  • Below Ground Sq Ft: 0
  • Basement: Crawl Space
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level,Road Frontage
  • Garage Capacity: N/A
  • Zoning: Mixed
  • Roof: Metal
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $3,286
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4338011061545
  • Tax Year: N/A

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107 Railroad Ave Middleburgh, NY 12122

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Originating MLS: Global MLS

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