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$175,000
4 Beds 2 Baths 202622575 MLS
Exceptional Owner-Occupied Investment Opportunity in the Village of Middleburgh! Conveniently located right in the heart of the village, this 2-unit property at 118 Railroad Ave presents an ideal setup for rental income or an owner-occupied home. The property features a 3-bedroom unit and a 1-bedroom unit. This double lot includes an additional buildable site ideal for future expansion. Featuring separate utilities and a strong rental history. Inside, the main-level space centers around a classic brick hearth and wood flooring, with functional floor plans throughout. Outdoors, the property boasts a level lawn, off-street parking, a welcoming covered front porch, and a private back deck off the rear entrance. Maximize this property's full potential in a prime village location, where you can easily walk right to Main Street's shops, dining, and local amenities. Beyond its neighborhood convenience, the site is highly accessible for commuters, sitting an easy 15-minute drive from Cobleskill with straightforward travel to Oneonta, Cooperstown, and the greater Capital District.

118 Railroad Avenue

$589,000
8 Beds 9 Baths 202617405 MLS
Step into history while embracing exceptional investment potential with this beautifully preserved and fully operational lodge/inn, originally built in 1885 and proudly listed on the National Register of Historic Places. Offering both charm and versatility, this unique property can be purchased as either a commercial hospitality property or a residential home. Currently operating as a highly successful Airbnb with a proven track record and consistent occupancy, the property is completely turnkey. Included in the sale are furnishings for the guest rental rooms, linens, kitchenware, and select antiques, allowing the next owner to continue operations seamlessly from day one. The layout offers the perfect balance of privacy and income opportunity. A private owner's wing features 3 bedrooms, 2 bathrooms, and its own laundry, ideal for owner occupancy or as an additional long-term rental. The guest side includes six rental suites, each with en-suite baths, along with a separate guest kitchen, dining room, parlor, and dedicated laundry space designed for hospitality use. Modern efficiency meets historic character with an impressive 58-panel solar system, helping reduce operating costs while supporting sustainable living. Beyond its current success as a lodge/inn, the property offers endless possibilities for multigenerational living, boutique lodging, or a fully investment-focused rental by leasing both the guest rooms and owner's quarters. With over 140 years of history and a reputation for hospitality, this remarkable property is ready for its next chapter.

110 Center Street

$899,900
8 Beds 9 Baths 202615847 MLS
Positioned in the heart of the Village of Middleburgh, this prominent 8,200 square foot, three-story brick mixed-use building is a rare opportunity to own a high-visibility Main Street investment with strong, rental income. The property features off-street parking and a well-maintained, landscaped exterior that enhances its curb appeal. The main level is home to a fully operational, turnkey restaurant with over 20 years of continuous service and a well-established presence in the community. The business is included in the sale. Upper levels provide 7 Residential Rental units, contributing to the property's solid financial performance. Current figures reflect approximately $109,800 in annual gross rental income, $39,400 in operating expenses, and a net operating income of $70,400, making this a compelling long-term investment. With its classic brick exterior, substantial square footage, and prime location in a charming, walkable village setting, this property offers exceptional versatility. The opportunity and potential here are endless.

334 Main Street

$419,000
2 Beds 3 Baths 202524814 MLS
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.

107 Railroad Avenue

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