826 Route 203

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826 Route 203

Austerlitz, NY 12165
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 apartment building located at 826 Route 203 in Austerlitz.
  • Property consists of four individual residential rental units.
  • Asset sits within the scenic landscape of Columbia County, New York.
  • Suitable for long-term residential investment and rental income generation.
  • Positioned near major regional routes for accessibility in the area.

What's Special

This multifamily apartment building contains four units and is positioned in Austerlitz, New York. Situated in a region characterized by a rural landscape and proximity to the Berkshire Mountains, the property provides access to regional thoroughfares that connect local residential communities with nearby commercial hubs in the Hudson Valley. The asset serves as a functional addition to an investment portfolio, suitable for long-term residential leasing strategies. Its structure caters to tenants seeking housing in a quiet market setting within Columbia County, offering stability for operators focused on regional multifamily demand. Investors may consider the building for its potential to provide consistent cash flow through traditional rental agreements. As the broader Upstate New York economy continues to balance tourism-driven activity with year-round residency, properties of this scale in Austerlitz maintain a presence in the local housing stock. The layout of the four units allows for efficient management practices within this suburban and rural environment.

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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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