Active

136 Wells Avenue

Middleburgh, NY 12122

$269,898 $1,137/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

3,312

Sqft

0.10

Acre(Lot)

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.

Property Details

Property Type : Residential Income

Price : $269,898

AD Id : 66186754

MLS Id : 202522591

Beds : 6

Lot Size : 0.10 Acre

Living Area Size : 3,312

Year Built : 1960

County : Schoharie

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 5 Full Baths: 5

Room Information

Has Basement: Yes Basement: Unfinished
Flooring Information

Carpet, Hardwood, Laminate
Roofing Information

Metal
Interior Features

Roof: Metal Window Features: Storm Window(s)
Heating & Cooling

Has Heating: Yes Heating: Electric, Hot Water, Oil Cooling: None

Building Information

Year Built: 1960 Construction Materials: Wood Siding Patio And Porch Features: Covered Private Pool: No
Exterior Features

Exterior Features: None

Lot Information

Main Square Feet: 0.1 Acres Lot Size Acres: 0.1 Lot Size Square Feet: 4356 Lot Description: Corner Lot

Listing Price Information

Listing Price: $269898

Tax Information

Parcel Number: 433801 106.15-7-9 Tax Lot: 9.000 Tax Block: 7 Annual Tax: $5757.77

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 6 Off Street

Utility Information

Sewer Connected
Location Information

Direction: Route 145 (Main Street) to Wells Ave. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)

Sell a home like this and save $15,695 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
107 Railroad Avenue, Middleburgh, NY, 12122	$419,000	2	3	2,516	2,516 SqFt
334 Main Street, Middleburgh, NY, 12122	$899,900	8	9	8,280	8,280 SqFt
2596 State Route 145, Middleburgh, NY, 12122	$249,000	1	2	1,808	1,808 SqFt

Similar Multifamily To 136 Wells Avenue

Nearby For Sale

Active

$269,898

Multifamily For Sale

136 Wells Avenue,
Middleburgh, NY, 12122

Bed

Bath

Sqft

Acre(Lot)

107 Railroad Avenue,
Middleburgh, NY, 12122

Bed

Bath

Sqft

Acre(Lot)

2596 State Route 145,
Middleburgh, NY, 12122

Bed

Bath

1,808

Sqft

Acre(Lot)

Active

$899,900

Multifamily For Sale

334 Main Street,
Middleburgh, NY, 12122

Bed

Bath

8,280

Sqft

0.25

Acre(Lot)

© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Copyright © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.

ByOwner last updated this listing 06/11/2026 @ 20:35

MLS: 202522591 LISTED BY: Brian Ward, Coldwell Banker Prime Properties 518-439-9600 SOURCE: Global MLS