2 - 4 Montgomery Street

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2 - 4 Montgomery 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).

  • Three-unit multifamily apartment building located in Athens, New York.
  • Property address is situated at 2 - 4 Montgomery Street.
  • Located within the growing Hudson Valley regional residential market.
  • Asset is currently available for purchase by interested investors.
  • Structure accommodates three individual residential dwelling units on-site.

What's Special

Athens, New York, serves as a growing Hudson Valley community characterized by its proximity to the Hudson River and accessible regional transit corridors. This multifamily apartment building is situated at 2 - 4 Montgomery Street, positioning residents within a historic setting that balances local charm with access to larger regional employment centers. The property comprises three distinct units, providing a stabilized residential footprint for investors interested in the regional rental market. Given the layout and unit count, the asset is suited for long-term residential leasing or conversion strategies depending on local zoning and market demand. Investors seeking a manageable entry point into the Athens market will find this property aligns with steady housing needs in this part of upstate New York. The scale of this three-unit building facilitates efficient property management while maintaining a consistent rental presence within the established village neighborhood.

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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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