320 Main St Middleburgh, NY 12122
Estimated payment $3,953/month
About This Home
Attention investors and income-property seekers: this is not your average upstate opportunity. This fully renovated mixed-use building in the center of Middleburgh offers strong, reliable cash flow with a setup that's both straightforward and smart. The residential portion features five thoughtfully designed one-bedroom apartments, each equipped with ductless heat and AC, in-unit laundry, dishwashers, and clean, modern finishes that tenants appreciate. Four units share a common entrance, while one enjoys its own private access. With consistent long-term rental demand for well-finished apartments in walkable small towns, the property offers a stable residential income stream from day one. On the ground floor, a charming commercial storefront is currently home to one of the town's favorite coffee shops and bakeries. This established tenant adds dependable rent and a steady daily presence that benefits the entire building. Mixed-use properties like this provide a valuable balance of residential and commercial income under one roof. Behind the scenes, the building has been extensively renovated with updated systems, plumbing, electrical, HVAC, and more, while retaining elements of its historic character. The result is a property that feels both refreshed and durable--modern where it matters, with the kind of charm that keeps tenants happy. Located in the center of Middleburgh, the building sits within walking distance of local shops, restaurants, and community events that give the town its welcoming small-town appeal. With five residential units and an established commercial tenant already in place, this is a clean, straightforward investment opportunity with strong fundamentals and long-term potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,166
Year Built
- Built in 1927
Lot Details
- 2,614 Sq Ft Lot
Home Design
- 4,646 Sq Ft Home
- Rowhouse Architecture
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Community Details
- 6 Units
Listing and Financial Details
- Legal Lot and Block 13 / 4
- Assessor Parcel Number 4
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,585 | $278,300 | $7,100 | $271,200 |
| 2023 | $14,031 | $278,300 | $7,100 | $271,200 |
| 2022 | $5,573 | $110,000 | $7,100 | $102,900 |
| 2021 | $6,131 | $110,000 | $7,100 | $102,900 |
| 2020 | $8,608 | $110,000 | $7,100 | $102,900 |
| 2019 | $6,740 | $110,000 | $7,100 | $102,900 |
| 2018 | $6,740 | $110,000 | $7,100 | $102,900 |
| 2017 | $8,390 | $145,000 | $7,100 | $137,900 |
| 2016 | $8,305 | $145,000 | $7,100 | $137,900 |
| 2015 | -- | $145,000 | $7,100 | $137,900 |
| 2014 | -- | $145,000 | $7,100 | $137,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $550,000 | +292.9% | $118 / Sq Ft | |
| 12/02/2021 12/02/21 | Sold | $140,000 | 0.0% | $30 / Sq Ft | View Prior Sale |
| 07/17/2021 07/17/21 | Off Market | $140,000 | -- | -- | |
| 03/17/2021 03/17/21 | Price Changed | $169,900 | -5.6% | $37 / Sq Ft | |
| 02/27/2021 02/27/21 | For Sale | $179,900 | 0.0% | $39 / Sq Ft | |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- | |
| 07/26/2020 07/26/20 | For Sale | $179,900 | +28.5% | $39 / Sq Ft | |
| 01/30/2017 01/30/17 | Sold | $140,000 | -6.7% | $30 / Sq Ft | View Prior Sale |
| 11/18/2016 11/18/16 | Pending | -- | -- | -- | |
| 06/20/2016 06/20/16 | For Sale | $150,000 | -- | $32 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $140,000 | None Available | |
| Deed | $140,000 | Jon Kosich | |
| Deed | $195,000 | Michael Shultes | |
| Deed | $172,750 | Michael Shultes |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | Purchase Money Mortgage | |
| Previous Owner | $105,000 | Commercial | |
| Previous Owner | $136,500 | Commercial |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20260971
APN: 433801-106-015-0004-013-000-0000
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Ask me questions while you tour the home.