Est. Monthly
$1,279/MO
136 Wells Avenue, Middleburgh, NY
Outstanding Investment Opportunity! This 5-unit multifamily property delivers a strong 14% Cash-on-Cash ROI with an NOI of $37,581. 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.
Est. Monthly Payment
$1,279.31
Private Mortgage Insurance
Not required
Property Details
136 Wells Avenue
Middleburgh, NY 12122 • Schoharie- Annual Tax Amount$5,758
- School Taxes$3,081
- Town/County Taxes$1,753
- Price increasedJun 30, 2026 • GLOBAL MLS • 202522591$265,000 → $269,898
- Price reducedJun 30, 2026 • GLOBAL MLS • 202522591$269,898 → $265,000
- Listed for saleJul 28, 2025 • GLOBAL MLS • 202522591$269,898
Private Mortgage Insurance
- SourceGlobal MLS
- MLS#202522591
- Listing OfficeColdwell Banker Prime Properties
- Last Updated4 days ago
Climate & Systems
- Heating
- Electric
- Hot Water
Interior Features
- Flooring
- Carpet
- Laminate
- Hardwood
- BasementUnfinished
- WindowsStorm Window(s)
Parking
- Parking FeaturesOff Street
- Parking Spaces5
Lot & Grounds
- Lot Size0.1 acres
- Lot FeaturesCorner Lot
- FencingNone
- Patio & PorchCovered
- Exterior FeaturesNone
Type
- Property TypeMulti Family
- Property SubtypeMulti Family
- Architectural StyleApartment 4 Plus Unit
Structure
- ConstructionWood Siding
- RoofMetal
- FoundationStone
Condition
- Year Built1960
- Days on Market343 days
- WaterPublic
- SewerPublic Sewer
- Electric100 Amp Service
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