107 Railroad Avenue, Middleburgh, NY 12122

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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.

107 Railroad Avenue | MLS# 202524814

This multi-family property located at 107 Railroad Avenue, Middleburgh, NY 12122 is currently listed for sale with an asking price of $429,000. Railroad Avenue is located within the Middleburgh school district. Search Middleburgh real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Ductless
Heating: Steam, Oil
Home Style: Other
Lot Size: 0.04 Acres
Roof Type: Metal
Taxes: $3,286
Year Built: 1920

Feature Descriptions

Days on Site: 204
Equipment: Other, Fuel Tank(s)
Exterior: None
Exterior: Stone, Vinyl Siding, Wood Siding
Fencing: None
Flooring: Vinyl, Tile, Wood, Concrete
Foundation: Block
Laundry: Electric Dryer Hookup, Main Level, Upper Level, Washer Hookup
Lot: Level, Road Frontage
Parcel #: 4338011061545
Parking: Other, None
Patio/Porch: None
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
Special View Info: Downtown
SQFT Above Grade Finished: 2516
Structures: None
Utilities: Cable Connected
Water: Public
Windows: Display Window(s)

Local Schools

School District: Middleburgh

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Estimated Payment

$ 1,353.73 per month $954.77 Principal & Interest $273.83 Property Tax $125.13 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Hudson Valley North
Agency Phone: 1 845-481-2700

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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