Active

$269,898

136 Wells Avenue, Middleburgh, NY 12122

6beds

3,312sqft

Multi Family, Apartment

Built in 1960

-- sqft lot

$-- Zestimate^®

$81/sqft

$-- HOA

What's special

Corner lot

Outstanding Investment Opportunity! This 5-unit multifamily property delivers a strong 14% Cash-on-Cash ROI with an NOI of $37,581. 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. Newly installed Roof only 3-year-old. 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.

344 days

251

7

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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

Video & virtual tour

Property

Parking

Total spaces: 5
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

Estimated market value

Not available

Estimated sales range

Not available

$1,644/mo

Price history

Date	Event	Price
7/28/2025	Listed for sale	$269,898$81/sqft
Source: Global MLS #202522591 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All 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.

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