10 grove Street

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10 grove Street

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).

  • Multifamily apartment building available for purchase in Cairo, New York
  • Asset consists of three individual residential rental units
  • Located within the northern Catskill Mountains region of upstate New York
  • Ideal configuration for investors focused on stable residential income
  • Positioned in a growing market within Greene County

What's Special

Investors seeking to expand their residential holdings in the Catskills region will find this multifamily asset at 10 Grove Street in Cairo, New York, a practical addition to an income-generating portfolio. The property functions as an apartment building, providing a steady residential utility within this growing upstate New York community. Cairo serves as a gateway to the northern Catskill Mountains, offering a mix of rural character and regional access that supports consistent demand for local housing units. This asset contains three distinct units, presenting a straightforward management profile for those looking to stabilize their investment. Given the layout and residential nature of the site, it is well-suited for long-term rental strategies aimed at local workforce or individuals drawn to the regional recreational landscape. The building’s presence in a key Greene County town positions it to benefit from the area's ongoing economic development and connectivity to surrounding recreational hubs.

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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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