136 Wells Avenue, Middleburgh, NY 12122

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6 Beds 5 Baths 0 Partial Bath 3,312 Sq Ft 0.10 Acres

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Property Description

Outstanding Investment Opportunity! This 5-unit multifamily propertydelivers a strong 10% Cash-on-Cash ROI with an NOI of $27,531. Situated on a corner lot,the property includes off-street parking for 5 vehicles and features four 1-bedroom units andone 2-bedroom unit-all separately metered with 100-amp circuit breakers.Newly installed Roof only 3-year-old. Located just 30 minutes from Albany, this is a prime commuter-friendly locationwith consistent rental income. Whether you're growing your portfolio or stepping intomultifamily ownership, this asset is a smart addition. Don't miss your chance to own this cashflowing gem! See Proforma in Docs.

136 Wells Avenue | MLS# 202522591

This multi-family property located at 136 Wells Avenue, Middleburgh, NY 12122 is currently listed for sale with an asking price of $269,898. Wells 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: Unfinished

Basement: Yes

Cooling: None

Heating: Electric, Hot Water, Oil

Home Style: Apartment 4 Plus Unit

Lot Size: 0.10 Acres

Roof Type: Metal

Taxes: $5,757

Year Built: 1960

Feature Descriptions

Days on Site: 235

Exterior: None

Exterior: Wood Siding

Fencing: None

Flooring: Carpet, Hardwood, Laminate

Foundation: Stone

Lot: Corner Lot

Parcel #: 433801 106.15-7-9

Parking: Off Street

Parking Total: 6

Patio/Porch: Covered

Security: Smoke Detector(s), Carbon Monoxide Detector(s)

Sewer: Public Sewer

SQFT Above Grade Finished: 3312

Water: Public

Windows: Storm Window(s)

Local Schools

School District: Middleburgh

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Estimated Payment

$ 1,159.15 per month $600.68 Principal & Interest $479.75 Property Tax $78.72 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Prime Properties
Agency Phone: 1 518-439-9600

Shown By

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

136 Wells Avenue, Middleburgh, NY 12122

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