136 Wells Avenue Middleburgh, NY 12122

Building Details

Year Built

1960

Listing Agency Coldwell Banker Prime Properties b***@coldwellbankerprime.com Show Phone

Listed by Brian J Ward · License #30WA0495870 Show Phone

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Added: Jul 26, 2025 Checked: Jul 17 at 7:53 am

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Investment Insights

Based on property information with market context.

This 5-unit multifamily property offers a strong investment opportunity with a 10% cash-on-cash return on investment and a net operating income of $27,531. The property, situated on a corner lot, includes off-street parking for 5 vehicles. The unit mix consists of four 1-bedroom units and one 2-bedroom unit. Each unit is separately metered with 100-amp circuit breakers. A new roof was installed 3 years ago. Located 30 minutes from Albany, the property is in a commuter-friendly location with consistent rental income. The property size is 3312 square feet.

Key Highlights

• Strong 10% Cash‑on‑Cash ROI with $27,531 NOI.
• Five units: four 1‑bedroom and one 2‑bedroom.
• Separately metered units with 100‑amp circuit breakers.

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FAQs

What type of property is this?

Apartment building - Five-unit property with strong cash-on-cash return and consistent rental income.

Where is this apartment building located?

The property is located at 136 Wells Avenue 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 $27,531 NOI.; Five units: four 1‑bedroom and one 2‑bedroom.; Separately metered units with 100‑amp circuit breakers.