969 Schoharie Turnpike 2

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969 Schoharie Turnpike 2

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).

  • Multifamily residential building located in Athens, New York
  • Asset features a total of two individual units
  • Property situated at 969 Schoharie Turnpike 2
  • Positioned within the growing landscape of Greene County
  • Well-suited for residential investment or owner-occupied strategies

What's Special

Investors seeking to expand a residential portfolio will find value in this two-unit apartment building. Located at 969 Schoharie Turnpike 2 in Athens, New York, the property provides a straightforward multifamily investment in a quiet, accessible region of the state. The layout offers functional residential space suitable for long-term rental income or potential owner-occupancy strategies within this localized market. Athens remains a community characterized by its proximity to the Hudson River and regional transit corridors, providing connectivity to larger regional employers and the broader upstate economy. This multifamily asset represents a manageable scale for private investors focusing on smaller residential holding structures. Prospective buyers can leverage the existing density to generate steady cash flow while benefiting from the predictable demand for rental housing in the Greene County area.

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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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