




107 Railroad Avenue, Middleburgh, NY, 12122
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Stone,Vinyl Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Main Level,Upper Level,Washer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Features
- Window features: Display Window(s)
- Flooring: Vinyl,Tile,Wood,Concrete
- Finished area below ground: 0
- Finished area above ground: 2,516
Heating & Cooling
- Heating features: Steam,Oil
- Cooling features: Ductless
Interior Area
- Total structure area: 2,516
- Total interior livable area: 2,516 sqft
Property
Details
- Parcel number: 4338011061545
- Attached to another structure: Yes
- Zoning description: Mixed
- Special condition: Standard
- Other equipment: Other,Fuel Tank(s)
Features
- Patio & porch: None
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: Downtown
Lot
- Lot size: 1,742 sqft
- Features: Level,Road Frontage
Parking
- Parking features: Other,None
