13 S Franklin Street

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13 S Franklin Street

Athens, NY 12015
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit multi-family apartment building available for sale
  • Located at 13 S Franklin Street in Athens, New York
  • Strategically positioned within a tranquil Hudson Valley river community
  • Suitable for investors managing long-term residential rental assets
  • Property offers steady utility for multi-family operational strategies

What's Special

Investors seeking to expand their portfolio will find this 4-unit apartment building at 13 S Franklin Street a stable addition to their holdings. Located in Athens, New York, this asset provides an established footprint within a riverside community that serves as a quiet alternative to larger regional centers. The property is well-positioned for long-term residential leasing, catering to a stable tenant base that values proximity to the Hudson River and the character of this historic village. The structure is situated near local thoroughfares, providing straightforward access for residents commuting to surrounding hubs within the broader upstate New York economy. Given the current configuration, the building offers consistent utility for buyers focused on multi-family operations in an accessible submarket. The site's layout supports efficient property management practices while maintaining a presence in a region known for its manageable scale and steady demand for rental housing.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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