Skip to main content

107 Railroad Avenue

Middleburgh, NY 12122

Active

$449,000

Listing by:
Pearl Ruby Torres
Keller Williams Realty Hudson Valley North
845-461-5132

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.

$449,000
2.0
Bedrooms
1
Bathroom
2,516
Sq. Ft.
$ 178
$/Sq. Ft.
0.04
Acres
Year Built:
1920
County:
Schoharie
School District:
Middleburgh
Acres:
0.04
Listing Agent:
Pearl Ruby Torres
Listing Office:
Keller Williams Realty Hudson Valley North
CONTACT A
BUYER'S AGENT

Connect with a local buyer's agent who advertises with Albany.com


Features

Square Feet: 2,516
Town: Middleburgh
Bedrooms: 2
Full Bathrooms: 1
Estimated Taxes: $3,286
Water: Public
Sewer: Public Sewer
Heat: Steam, Oil
Garage: 0
Property Style: Other
Exterior: Stone, Vinyl Siding, Wood Siding
Exterior Features: None
Cooling: Ductless
Parking Spaces: 0
Zoning: Mixed

Location



Did we miss one? Did one of these places close? Send us a note!