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USANYMiddleburgh107 Railroad Ave
107 Railroad Ave, Home with 2 bedrooms, 3 bathrooms and null parking in Middleburgh NY | Image 1
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$449,000

107 Railroad Ave, Middleburgh, NY

Real Estate

For Sale

$--,---,---
230
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2516 sqft
Garage No
Taxes $3,286
Days Active 17
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $178
MLS® Number 202524814

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number202524814
Laundry LevelElectric Dryer Hookup, Main Level, Upper Level, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.04
ExteriorNone
GarageNo
Approx. Age1920
BasementCrawl Space
DrivewayOther, None
Garage Spaces
HeatSteam, Oil
A/CDuctless
Heating Fuel

Extras

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