107 Railroad Avenue Middleburgh, Other, NY 12122
sale
$449,000
|
Mixed Use
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. 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, security cameras, and business name all included for a true turnkey transition. 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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Appliance: Refrigerator
- Architecture Style: Other
- Building Units: 3
- Cooling System: Ductless
- Cooling System: Electric
- Exterior Type: Frame
- Exterior Type: Wood Siding
- Exterior Type: Vinyl Siding
- Exterior Type: Block
- Exterior Type: Stone
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floor Covering: Hardwood
- Heating System: Oil
- MLSID: 906188
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