Overview
Description
Outstanding Investment Opportunity! This 5-unit multifamily property
delivers a strong 10% Cash-on-Cash ROI with an NOI of $27,531. Situated on a corner lot,
the property includes off-street parking for 5 vehicles and features four 1-bedroom units and
one 2-bedroom unit—all separately metered with 100-amp circuit breakers.
Newly installed Roof only 3-year-old. Located just 30 minutes from Albany, this is a prime commuter-friendly location
with consistent rental income. Whether you’re growing your portfolio or stepping into
multifamily ownership, this asset is a smart addition. Don’t miss your chance to own this cashflowing gem! See Proforma in Docs.
Address: 136 Wells Avenue, Middleburgh, NY 12122
City: Middleburgh
State/County: Schoharie
Zip: 12122
Country: United States
Property Id: 121323
Price: $ 269,898
Property Size: 3,312 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 5
Listing Agent Email: brian.ward@coldwellbankerprime.com
Listing Agent: Brian J Ward
Listing Agent Phone: 518-229-7355
Listing Office: Coldwell Banker Prime Properties
Other Features
Has Heating System
None
Open Parking
$ 1,383.82
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,046.45
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