$349,000
PENDING

111 Walnut St Margaretville, NY 12455

Estimated payment $2,190/month

Total Views 9,046
5 Beds
4.5 Baths
2,700 Sq Ft
$129 Price per Sq Ft

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

Stacy Keck-Colliton

Listing by Coldwell Banker Timberland Properties Brokerage Phone: 607-643-1911 License #30KE0854180 Listed on: 05/07/2025

Coldwell Banker Timberland Properties

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,162

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Other, See Remarks, Trash Collection, Water
  • Year Built: 1930
  • Attribution Contact: 607-643-1911
  • ResoLaundryFeatures: Common Area
  • Lot Features: Corner Lot, Irregular Lot
  • Directions: NYS Route 30 South, right on Walnut Street, 111 Walnut Street on the Corner of Walnut Street and Swart Street
  • Flooring: Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.23
  • Waterfront Features: River Access, Stream
  • Waterfront: No
  • Construction Type: Frame, Other, See Remarks
  • Exterior Features: Patio, Private Yard, See Remarks
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Common, Parking Available, Unpaved

Utilities

  • Heating: Oil, Baseboard, Electric, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Available, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Margaretville

Lot Info

  • Parcel Number: 306.7-10-6
  • Lot Dimensions: 76X77
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 5

Tax Info

  • Tax Annual Amount: 4162.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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®

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1605214

Otsego-Delaware Board of REALTORS®