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.
Active
Price cut: $10K (6/10)
$419,000
107 Railroad Avenue, Middleburgh, NY 12122
2beds
2,516sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$411,200 Zestimate®
$167/sqft
$-- HOA
What's special
- 316 days |
- 137 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Hudson Valley North 845-481-2700,
Pearl Ruby Torres 845-461-5132
Source: Global MLS,MLS#: 202524814
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Steam, Oil
Cooling
- Ductless
Appliances
- Laundry: Electric Dryer Hookup, Main Level, Upper Level, Washer Hookup
Features
- Flooring: Vinyl, Tile, Wood, Concrete
- Windows: Display Window(s)
- Basement: Crawl Space
Interior area
- Total structure area: 2,516
- Total interior livable area: 2,516 sqft
- Finished area above ground: 2,516
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Other, None
Features
- Patio & porch: None
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: Downtown
Lot
- Size: 1,742 Square Feet
- Features: Level, Road Frontage
Details
- Additional structures: None
- Parcel number: 4338011061545
- Zoning description: Mixed
- Special conditions: Standard
- Other equipment: Other, Fuel Tank(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Stone, Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Metal
Condition
- Year built: 1920
Utilities & green energy
- Electric: Other, 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
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: $167/sqft
- Tax assessed value: $122,581
- Annual tax amount: $3,286
- Date on market: 8/29/2025
- Tenant pays: Hot Water, Internet, Electricity
Estimated market value
Zestimate®
$411,200
Estimated sales range
$391,000 - $432,000
Rent Zestimate®
$1,419/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $419,000-2.3%$167/sqft |
Source: | ||
| 2/23/2026 | Price change | $429,000-4.5%$171/sqft |
Source: | ||
| 8/29/2025 | Listed for sale | $449,000+308.2%$178/sqft |
Source: | ||
| 8/15/2016 | Sold | $110,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $57,000 |
| 2024 | -- | $57,000 |
| 2023 | -- | $57,000 |
| 2022 | -- | $57,000 |
| 2021 | -- | $57,000 |
| 2020 | -- | $57,000 |
| 2019 | -- | $57,000 |
| 2018 | -- | $57,000 |
| 2017 | $2,587 | $57,000 +24.2% |
| 2016 | -- | $45,900 |
| 2015 | -- | $45,900 |
| 2014 | -- | $45,900 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 12122
Nearby schools
GreatSchools rating
- 5/10Middleburgh Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 5/10Middleburgh High SchoolGrades: 7-12Distance: 0.1 mi
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