$419,000
Middleburgh, NY 12122
MLS# 202524814
2 beds
1 / 49
Property 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.
Details
Maps
Contract Information
Original List Price: 449000
List Price/SqFt: 166.53
Status: Active
Property Sub Type: Triplex
List Price: $419,000
Current Price: $419,000
Listing Contract Date: 2025-08-28
Location
City/Town (Mail): Middleburgh
Cross Street: Main Street
Street Number: 107
Street Name: Railroad
Street Suffix: Avenue
County: Schoharie
State/Province: NY
Postal Code: 12122
Geo Lat: 42.598524
Geo Lon: -74.334143
Property Detail
Rooms Total: 11
Bathrooms Half: 2
Garage Spaces: 0
Above Grade Finished Area: 2516
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2516
Fireplaces Total: 0
Zoning: Mixed
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 2
Bathrooms Full: 1
Year Built: 1920
Parcel, Tax, HOA
Parcel Number: 4338011061545
Tax Annual Amount: 3286
Total Taxes Description: Actual
School District: Middleburgh
Association Y/N: No
Directions & Remarks
Directions: Route 145 to Main St to Well Ave, Left on Grove turns into Railroad #107 on right. Do not bother employees, all questions to Listing Agent.
Public Remarks: 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.
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Other: 1
Fencing
None: 1
Financial Details
General Taxes: 1000
General Taxes Description: Actual
School Taxes: 1758
School Taxes Description: Actual
Village Taxes: 528
Village Taxes Description: Actual
Attic Features
None: 1
Cooling
Ductless: 1
Basement
Crawl Space: 1
Bath Levels
Full Bath 1: 2nd
Half Bath 1: 1st
Half Bath 2: 1st
Lot Features
Level: 1
Road Frontage: 1
Construction Materials
Stone: 1
Vinyl Siding: 1
Wood Siding: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Exterior Features
None: 1
Flooring
Concrete: 1
Tile: 1
Vinyl: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Occupied: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Roof
Metal: 1
View
Downtown: 1
Water Source
Public: 1
Foundation Details
Block: 1
Heating
Oil: 1
Steam: 1
Laundry Features
Electric Dryer Hookup: 1
Main Level: 1
Upper Level: 1
Washer Hookup: 1
Other Equipment
Fuel Tank(s): 1
Other: 1
Parking Features
None: 1
Other: 1
Patio And Porch Features
None: 1
Owner Pays
Heat: 1
Hot Water: 1
Levels
Bi-Level: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 3
Tenant Pays
Electricity: 1
Internet: 1
Window Features
Display Window(s): 1
Unit Information
Number Of Air Conditoners: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 3
Total Half Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Other: 1
Storage: 1
Unit 1 Owner Furnish Features
Heat: 1
Hot Water: 1
Internet: 1
Oil: 1
Snow Removal: 1
Unit 1 Dining Room Type
None: 1
Unit 1 Appliances
Microwave: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 1
Total Half Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Hot Water: 1
Oil: 1
Unit 2 Includes
Bathroom: 1
Dryer Hookup: 1
Other: 1
Washer Hookup: 1
Unit 2 Dining Room Type
None: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Hot Water: 1
Oil: 1
Unit 3 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 3 Detail
Total Bedrooms: 2
Unit 3 Dining Room Type
Dining Area: 1
Unit 3 Appliances
Refrigerator: 1
Oven: 1
Status Change Info
Status Change Date: 2025-08-28
Property Features
Architectural Style: Other
Attic Features: None
Basement: Crawl Space
Construction Materials: Stone; Vinyl Siding; Wood Siding
Cooling: Ductless
Electric: 100 Amp Service; Circuit Breakers; Other
Exterior Features: None
Fencing: None
Flooring: Concrete; Tile; Vinyl; Wood
Foundation Details: Block
Heating: Oil; Steam
Laundry Features: Electric Dryer Hookup; Main Level; Upper Level; Washer Hookup
Levels: Bi-Level
Lot Features: Level; Road Frontage
Other Equipment: Fuel Tank(s); Other
Other Structures: None
Owner Pays: Heat; Hot Water
Parking Features: None; Other
Patio And Porch Features: None
Roof: Metal
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Occupied
Special Listing Conditions: Standard
Tenant Pays: Electricity; Internet
Utilities: Cable Connected
Window Features: Display Window(s)
View: Downtown
Water Source: Public
Unit 1 Includes: Bathroom; Other; Storage
Unit 1 Owner Furnish Features: Heat; Hot Water; Internet; Oil; Snow Removal
Unit 1 Dining Room Type: None
Unit 1 Appliances: Microwave
Unit 2 Owner Furnish Features: Heat; Hot Water; Oil
Unit 2 Includes: Bathroom; Dryer Hookup; Other; Washer Hookup
Unit 2 Dining Room Type: None
Unit 3 Owner Furnish Features: Heat; Hot Water; Oil
Unit 3 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Refrigerator; Oven
Listing Courtesy of Keller Williams Realty Hudson Valley North
Listing Agent: Pearl Ruby Torres
845-461-5132 | pearlrubytorres@kw.com
845-461-5132 | pearlrubytorres@kw.com