107 Railroad Avenue, NY 12122
- $419,000
- 2
- BD
- 3
- BA
- 2,516
- SqFt
- List Price
- $419,000
- Price Change
- ▼ $10,000 1781078248
- MLS#
- 202524814
- Style
- Other
- Bedrooms
- 2
- Bathrooms
- 3
- Half-bathrooms
- 2
- Subdivision
- Select One
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.
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Additional Information
- Taxes
- $3,286
- Acres
- 0.04
- Lot Description
- Level, Road Frontage
- School District
- Middleburgh
- Heating
- Steam
- Cooling
- Ductless
- Exterior Features
- None
- Construction
- Stone, Wood Siding, Vinyl Siding
- Roof
- Metal
- Parking
- Other, None
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Listing courtesy of listing agent Pearl Ruby Torres with Keller Williams Realty Hudson Valley North Brokerage, 845-461-5132.
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