0 County Route 24

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0 County Route 24

Cairo, NY 12413
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).

  • Located at 0 County Route 24 in Cairo, New York.
  • The asset functions as a five-unit residential multifamily property.
  • This apartment building is positioned within the broader Greene County market.
  • The property location provides proximity to Catskill Mountain outdoor recreation.
  • Suitable for investors managing long-term residential rental income streams.

What's Special

Investors seeking to expand their residential holdings will find this 5-unit multifamily apartment building in Cairo, NY, a practical addition to an income-generating portfolio. Situated in Greene County, this asset benefits from its position within the Hudson Valley region, an area characterized by its natural landscapes and proximity to Catskill Mountain recreational destinations. The property serves as a stable base for tenants looking for a quiet, rural lifestyle while maintaining access to local commercial centers. Given the current configuration, this building is well-suited for long-term rental management strategies, offering a straightforward approach to residential leasing in a growing upstate market. Future owners can leverage the demand for housing in this region, which remains supported by both local workforce needs and those drawn to the area for its outdoor recreational opportunities. This asset presents a clear opportunity to acquire a multi-family structure within a recognized regional submarket.

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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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