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Listed by Brian J Ward • Coldwell Banker Prime Properties

$ 269,898

Est. payment -/mo

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Active

136 Wells Avenue Middleburgh, NY 12122

6 Beds

5 Baths

3,312 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,312 sqft

Price per Sqft $81

MLS Listing ID 202522591

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1960

Annual Tax Amount $5,757

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

Source Global MLS

Property Description

Outstanding Investment Opportunity! This fully occupied 5-unit multifamily property
delivers 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 and
one 2-bedroom unit—all separately metered with 100-amp circuit breakers.
Recent improvements include a 3-year-old roof, Unit #4 remodeled, offering peace of mind to
any investor but cannot be shown for medical reasons! Located just 30 minutes from Albany, this is a prime commuter-friendly location
with consistent rental income. Whether you're growing your portfolio or stepping into
multifamily ownership, this asset is a smart addition. Don't miss your chance to own this cashflowing gem! See Proforma in Docs.

Location

State NY

County Schoharie

Direction Route 145 (Main Street) to Wells Ave.

Interior

Heating Electric, Hot Water, Oil

Flooring Carpet, Hardwood, Laminate

Window Features Storm Window(s)

Exterior

Exterior Feature None

Parking Features Off Street

Roof Type Metal

Porch Covered

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Middleburgh

Others

Tax ID 433801 106.15-7-9

Special Listing Condition Standard

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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