Sharon FronkRealtor® · Howard Hanna
LoadingMiddleburgh, NY 12122 · Schoharie County
This is a mixed use triplex in Middleburgh, within the Middleburgh school district, about 2,516 square feet built in 1920. The remarks describe three income units: a roughly 1,258 square foot two bedroom apartment with a long term tenant, an established wine and liquor store included in the sale, and a pet groomer tenant. The listing details the liquor business inventory, point of sale system, signage, and name as part of a turnkey transfer, and cites a combined NOI of $69,751. Twenty four hour notice is required, and the price was reduced from $429,000.
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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Middleburgh is in Schoharie County, NY. There are currently 34 active listings here, ranging from $38,000 to $2,950,000. Listings in this address fall under the Middleburgh school district. Priced 54% above the Middleburgh median of $272,449.
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Keller Williams Realty Hudson Valley North · Listed by Pearl Ruby Torres (30228)
Contact: 845-461-5132
MLS #202524814 · Source: Global MLS, Inc.
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23 facts pulled straight from the MLS listing.
Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.
