55 N Franklin Street

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55 N 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).

  • Two-unit apartment building located in Athens, New York
  • Asset type classified as a multifamily residential property
  • Situated within the accessible Hudson Valley regional submarket
  • Practical choice for investment or owner-occupied residential use
  • Established location near regional Hudson River transit corridors

What's Special

Investors seeking to expand their residential portfolio will find this two-unit apartment building at 55 N Franklin Street a straightforward addition. This multifamily property sits in Athens, New York, a community positioned along the Hudson River that offers residents a quiet, scenic environment within the broader Hudson Valley region. The area benefits from proximity to major regional transit routes, providing steady access to neighboring towns and employment hubs throughout the county. Given the asset's scale, it serves as a practical selection for owner-occupants looking to subsidize housing costs or buy-and-hold investors focusing on small-scale residential assets. Its presence in this established market provides an opportunity for consistent management and long-term rental income potential. The property layout is well-suited for two separate households, making it a reliable fixture in a rental market characterized by consistent demand for multi-family residential options in the Upstate region.

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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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