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
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Cold Wave
- Hail
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Schoharie County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,118 | $25,416 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $656 | $7,872 |
| Electricity | $415 | $4,989 |
| Total | $3,406 | $40,872 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-23 | Price change | $429,000 |
| 2025-08-29 | Listed for sale | $449,000 |
| 2016-08-15 | Sold | $110,000 |
For Sale by Agent
View on Zillow