Outstanding Investment Opportunity! This fully occupied 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.
Recent improvements include a 3-year-old roof, Unit #4 remodeled, offering peace of mind to
any investor but cannot be shown for medical reasons! 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.
Active
$269,898
136 Wells Avenue, Middleburgh, NY 12122
6beds
3,312sqft
Multi Family, Apartment
Built in 1960
-- sqft lot
$270,000 Zestimate®
$81/sqft
$-- HOA
What's special
Corner lot
- 9 days
- on Zillow |
- 400 |
- 16 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 10:09am
Listing by:
Coldwell Banker Prime Properties 518-439-9600,
Brian J Ward 518-229-7355
Source: Global MLS,MLS#: 202522591

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric, Hot Water, Oil
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Laminate
- Windows: Storm Window(s)
- Basement: Unfinished
Interior area
- Total structure area: 3,312
- Total interior livable area: 3,312 sqft
- Finished area above ground: 3,312
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Off Street
Features
- Patio & porch: Covered
- Exterior features: None
- Fencing: None
Lot
- Size: 4,356 Square Feet
- Features: Corner Lot
Details
- Parcel number: 433801 106.1579
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Stone
- Roof: Metal
Condition
- Year built: 1960
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Middleburgh
Financial & listing details
- Price per square foot: $81/sqft
- Annual tax amount: $5,757
- Date on market: 7/28/2025
- Tenant pays: Internet, Cable TV, Electricity
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