#156858, Lisa Tenneson, Listing office: Four Star Realty Group, Inc.
136 Wells Ave Middleburgh, NY 12122
Property details
About 136 Wells Ave
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. 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!
Highlights
Summary
- Full Bathrooms: 5
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Laminate
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: Off Street
- Exterior: None, Porch/Covered
- Architectural Style: Apartment 4 Plus Unit
- Heating: Electric, Hot Water, Oil
- Cooling: None
- List Price: $269,898
- Price/SqFt: $81
- Annual Tax Amount: $5,909
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Route 145 (Main Street) to Wells Ave.
- Year Built: 1960
- Living Area: 3,312 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 202522591
- MLS Name: Global MLS
- Office Name: Coldwell Banker Prime Properties
- Office Phone: (518) 439-9600
- Office Email: kirsten.blanchard@coldwellbankerprime.com
- Listing Agent: Brian J Ward
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Last updated on: 7/29/2025, 9:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 04, 2009 | Home Sold | $156,094 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $99,900 | $5,909 |
2022 | $99,900 | $1,851 |
2021 | $99,900 | $1,851 |
2020 | $99,900 | $1,851 |
2019 | $99,900 | $5,630 |
2018 | $99,900 | $5,630 |
2017 | $99,900 | $5,780 |
History based on county public records data.
Nearby schools
4
Middleburgh Elementary School
Public District PK-6
0.4 mi
•245 Main St
5
Schoharie Elementary School
Public District PK-5
4.8 mi
•136 Academy Dr
8
Berne-Knox-Westerlo Elementary School
Public District PK-6
9.7 mi
•1738 Helderberg Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,177. Typical income of Middleburgh, NY residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 136 Wells Ave
The listing price of 136 Wells Ave property is $269,898.
The property 136 Wells Ave is a multi located in Middleburgh, New York, 12122.
Active Listing: 136 Wells Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 136 Wells Ave are: Middleburgh Elementary School (GreatSchools Rating 4/10), Schoharie Elementary School (GreatSchools Rating 5/10), Berne-Knox-Westerlo Elementary School (GreatSchools Rating 8/10), Voorheesville Middle School (GreatSchools Rating 6/10), Greenville Middle School (GreatSchools Rating 6/10), Schalmont Middle School (GreatSchools Rating 3/10), Middleburgh Junior/Senior High School (GreatSchools Rating 6/10), Schoharie High School (GreatSchools Rating 4/10), Berne-Knox-Westerlo Junior-Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $5,909 (source: MLS/based on county public records data).
The last sale was on June 4, 2009 for $156,094 (source: MLS/tax record).
The property 136 Wells Ave is 3,312 SqFt (source: MLS/tax record).
The year of construction for 136 Wells Ave is 1960.
This home is located at 136 Wells Ave in Middleburgh, NY and zip code 12122. This 3,312 square foot home, which was built in 1960, sits on a 0.10 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $269,898.
Middleburgh, NY housing market in June 2025 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. Between May and June 2025, Middleburgh, NY real estate market has seen decrease in the number of listings by 14.3%. While the average time on the market in June 2025 was 53 days, the median list price was $252,000.