111 Walnut St Margaretville, NY 12455
Estimated payment $2,190/month
Highlights
- River Access
- Private Yard
- Home fronts a stream
- Corner Lot
- Patio
- Baseboard Heating
About This Home
Fully Occupied 4-Unit Multifamily Property in the Heart of Margaretville
A rare Village investment opportunity, well-maintained apartment building offers dependable income and long-term potential. Located in the Town of Middletown, Delaware County—where quality housing options remain limited—this property is ideally positioned to benefit from sustained rental demand.
Location Highlights:
• Prime in-village location, walking distance to school, shopping, restaurants, and other amenities
• On-site parking for all tenants, with additional municipal parking just half a block away
• Coin-operated laundry on site provides supplemental income
• Garbage removal included, water included
Property Features & Improvements:
• Longstanding ownership since 2009, with major upgrades completed by both current and prior owners
• Updates include: roof replacement, new windows, and upgraded electric systems (all apartments equipped with 100-amp electric meters)
• High-speed internet, cable TV, and phone service available to all units
Apartment Breakdown:
Unit #1 – Studio (First Floor)
• Private entry via shared covered front porch
• 1 bathroom with shower stall
• Electric heat, electric hot water, and electric cooking stove
• Tenant pays all utilities
Unit #2 – 2 Bedroom (Second Floor)
• Entry via central staircase from shared covered front porch
• Living room, full bath with tub/shower combination, and kitchen with electric stove
• Heat (oil hot water baseboard) included in rent; tenant pays electric
• Access to high-speed internet and cable
Unit #3 – 1 Bedroom (First Floor)
• Kitchen/living room combo with electric stove
• 1 bathroom with shower stall
• Electric baseboard heat; tenant pays all utilities
• Entry from shared covered front porch
Unit #4 – 2 Bedroom / 1.5 Bath (Two Story Layout)
• Private covered side entry with enclosed porch and patio area
• Eat-in kitchen, living room, half bath on the first floor
• Two bedrooms and full bath upstairs
• Heat (oil hot water baseboard) included in rent; tenant pays electric
This property reflects pride of ownership, with consistent occupancy throughout the years. Looking to add to your portfolio?
Listing Agent
Listing by Coldwell Banker Timberland Properties Brokerage Phone: 607-643-1911 License #30KE0854180 Listed on: 05/07/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,162
Year Built
- Built in 1930
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 76x77
- Home fronts a stream
- Corner Lot
- Irregular Lot
- Private Yard
Home Design
- Stone Foundation
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- Parking Available
- Common or Shared Parking
- Unpaved Driveway
Outdoor Features
- River Access
- Patio
Utilities
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 4 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 306.7-10-6
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | Pending | -- | -- | -- |
05/07/2025 05/07/25 | For Sale | $349,000 | -- | $129 / Sq Ft |
Source: Otsego-Delaware Board of REALTORS®
MLS Number: R1605214

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