484-486 Oliverea Road

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484-486 Oliverea Road

Big Indian, NY 12410
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 484-486 Oliverea Road
  • Total building inventory consists of two distinct residential units
  • Property is positioned within the scenic Catskill Mountain region
  • Asset offers potential for long-term residential rental income
  • Structure provides a manageable entry point for local investors

What's Special

This multifamily apartment building comprises two units situated on Oliverea Road in Big Indian, New York. Positioned within the Catskill Mountains, this property serves a region known for its recreational appeal and proximity to scenic landscapes. The asset provides a foundation for residential investment or owner-occupied housing in a quiet, rural setting within the Hudson Valley area. Investors may find potential in stabilizing these residential units to meet the demand for long-term rentals or seasonal housing. The building size and layout are suited for those looking to manage a small-scale asset in an established community. Nearby transport routes connect this location to the broader regional economy, allowing access to surrounding towns and regional amenities. The structure represents a manageable entry point into the local housing market.

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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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