320 Main

5 Apartments + Commercial Storefront — Listing price: $690,000

320 Main St


Middleburgh NY 12122

About

Attention all savvy investors, Airbnb aficionados, and cash-flow chasers: this is not your average upstate property. This fully renovated, mixed-use beauty in the heart of Middleburgh is part turnkey income stream, part lifestyle play—and 100% ready to impress your portfolio.

Let’s talk numbers: five fully dialed-in apartments, thoughtfully designed and primed for short-term or long-term rental domination. Each one-bedroom unit has ductless heat/AC, in-unit laundry, dishwashers, and the kind of clean, modern finish tenants will happily pay for. Four units share a common entrance; one gets its own private access.

  • Then there’s the cherry on top: a stylish commercial storefront currently home to one of the town’s most beloved coffee shops and bakeries. That means a built-in anchor tenant, consistent monthly income, and bonus community clout. Whether you keep the scones flowing or reimagine the space, this is exactly the kind of mixed-use setup that checks every investor box: residential + commercial = stability and flexibility, all under one beautifully updated roof.

    Speaking of updates—this isn’t a landlord-special reno. The building has been gutted and rebuilt with modern systems, plumbing, electric, HVAC, and more, while keeping just enough historic character to charm your tenants. It’s clean, compliant, and cruising into your cap rate sweet spot.

    Located right in the center of walkable, friendly Middleburgh, your tenants will enjoy quaint shops, local eats, and community events year-round. You? You’ll enjoy diversified income streams and that elusive combo of lifestyle and ROI.

    The numbers make sense, the setup is solid, and the hard work is already done. All that’s missing is the investor who sees the potential and takes the leap. Floor plans and financials are ready when you are.

    This isn’t just real estate. It’s a recession-resistant, revenue-generating, rural dream machine.

Details

  • Apartments: 5

  • Bedrooms: 5

  • Bathrooms: 6

  • Commercial Storefront

  • Square feet: 4,646

  • Acres: .06

  • Built: 1927

  • Renovation Year: 2022

  • Heat: Electric Split Units

  • AC: Electric Split Units

  • Fuel: Oil

  • Water Heater: Furnace 2018

  • Roof: Shingle 2022

  • Water: Municipal

  • Sewer: Town

  • Waste Service: Private

  • Cell service: Excellent

  • Internet: Cable

  • School District: Middleburgh

  • Town: Middleburgh

  • County: Schoharie

  • SBL: 106.15-4-13

  • Cap rate: 9.6%

  • Taxes: Town/Co: $3,554 / School: $6,247 / Village: $2,365

Map

 
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