107 Railroad Avenue, Middleburgh, NY 12122
sale
$429,000
|
Other
Courtesy Of Keller Williams Realty Hudson Valley North
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.
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Property Features
- Age: Over 50 Years Old
- Appliance: Free-Standing Electric Range
- Appliance: Refrigerator
- Cooling System: Ductless
- Exterior Type: Wood Siding
- Exterior Type: Frame
- Exterior Type: Vinyl Siding
- Exterior Type: Stone
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 2
- Heating System: Oil
- Heating System: Steam
- MLSID: 20254002
- Roof Type: Metal
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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