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    136 Wells Ave Middleburgh, NY 12122

    For Sale
    $269,898

    MULTI_FAMILY - Other - Middleburgh, NY

    Property size:
    3,312 SF
    Lot size:
    0.10 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 136 Wells Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Window features
    Storm Window(s)
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 5
    Bedrooms
    6
    Bathrooms
    5
    APN
    433801 106.15-7-9
    Parking
    6
    Parking features
    Off Street
    Basement
    Unfinished
    Size
    3,312 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil, Electric (Heating), Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1960
    Number of units
    5
    Flooring type
    Carpet, Laminate, Hardwood
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    Coldwell Banker Prime Properties (518) 640-4017 [email protected]

    Listing agent Brian J Ward (518) 229-7355 License #30WA0495870

    Listing date Aug 5, 2025

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Multifamily Investment Property

    This fully occupied 5-unit multifamily property, situated on a corner lot, presents an investment opportunity with a 10% Cash-on-Cash ROI and an NOI of $27,531. The property features off-street parking for 5 vehicles. The unit mix includes four 1-bedroom units and one 2-bedroom unit. Each unit is separately metered with 100-amp circuit breakers. Recent improvements include a 3-year-old roof and a remodeled Unit #4. The property is located in Middleburgh, NY, approximately 30 minutes from Albany, offering a commuter-friendly location. The property size is 3312 square feet and the lot size is 0.1 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middleburgh
    County
    Schoharie
    State
    New York
    Longitude
    -74.331888
    Latitude
    42.599715

    Nearby Similar for Sale

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    • $449,000
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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property with strong cash-on-cash return in Middleburgh.
    Where is this apartment building located?
    The property is located at 136 Wells Ave Middleburgh, NY.
    What is the asking price?
    The asking price for this property is $269,898.
    What are key features of this property?
    This property features: - Strong 10% Cash-on-Cash ROI with an NOI of $27,531.; - Fully occupied 5-unit multifamily property.; - Prime commuter-friendly location, 30 minutes from Albany.
    (518) 229-7355
    Request Owner's contact information
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    Middleburgh, NY 12122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 Wells Ave Middleburgh, NY 12122
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