$269,898

136 Wells Ave Middleburgh, NY 12122

Estimated payment $1,918/month

Total Views 3,777
6 Beds
5 Baths
3,312 Sq Ft
$81 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Storm Windows
  • Corner Lot
  • Covered Patio or Porch
  • Bathroom on Main Level

About This Home

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.

Listing Agent

Brian Ward

Coldwell Banker Prime Properties License #30WA0495870 Listed on: 07/28/2025

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 100 Amp Service

Listing and Financial Details

  • Legal Lot and Block 9.000 / 7
  • Assessor Parcel Number 433801 106.15-7-9

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,758

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Directions: Route 145 (Main Street) to Wells Ave.
  • Above Grade Finished Sq Ft: 3312.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 1752.59
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3081.3
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 923.88
  • Village Taxes Description: Estimated
  • Fuel Cost Description Fuel Cost: 4269
  • Lot Size Acres: 0.1
  • Parking Features Parking Total: 6.0
  • Number Of Separate Electric Meters: 5
  • Oil Expense Description: Actual
  • Income: 42300.0
  • Income Description: Yearly
  • Number of Refrigerators: 5
  • Unit Information Number Of Stoves: 5
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Foundation Details:Stone4: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Basement: Unfinished
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Living Area: 3312.0
  • Window Features: Storm Window(s)
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 3rd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Metal
  • Construction Type: Wood Siding
  • Fencing: None
  • Foundation Details: Stone
  • Patio And Porch Features: Covered
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:None37: Yes
  • Window Features:Storm Window(s): Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Electric, Hot Water, Oil
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Oil2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 1700.0

Schools

  • Junior High Dist: Middleburgh

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 433801 106.15-7-9
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 3000.0
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 5757.77
  • Tax Block: 7
  • Tax Lot: 9.000
  • Tax Tract: 106.15

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/28/2025 07/28/25 For Sale $269,898 -- $81 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202522591

Global MLS
New York Schoharie County Middleburgh 12122

136 Wells Ave, Middleburgh, NY

This home is located at 136 Wells Ave, Middleburgh, NY 12122 and is currently priced at $269,898, approximately $81 per square foot. This property was built in 1960. 136 Wells Ave is a home located in Schoharie County with nearby schools including Middleburgh Elementary School, Middleburgh High School, and Country Classroom.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



Local REALTOR® - Todd Siegel, Broker - (888)-952-6393

Nearby Homes
Brian Ward
Listing Agent
Brian Ward
Section Image
Coldwell Banker Prime Properties
(518) 351-7143