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USANYOut of Area107 Railroad Avenue
MIDDLEBURGH - 107 Railroad Avenue, Home with 0 bedrooms, 0 bathrooms and null parking in Out of Area NY | Image 1
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$449,000

Middleburgh - 107 Railroad Avenue, Out of Area, NY

Real Estate

For Sale

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

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $3,286
Days Active 17
Approx. Age 1920
MLS® Number 906188

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. 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, security cameras, and business name all included for a true turnkey transition. 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.Show Description
MLS® Number906188
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOil
A/CDuctless, Electric
Heating Fuel

Extras

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