500 Main Street

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500 Main 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.
  • The residential property contains a total of four individual units.
  • Located within the Hudson Valley region near the Catskill Mountains.
  • Professional investment opportunity for managing boutique rental housing inventory.
  • Greene County site offers proximity to regional transportation and local amenities.

What's Special

This multifamily apartment building for sale in Cairo, New York, serves as a practical addition to a real estate portfolio for investors seeking stable residential assets. Spanning four units, the property is situated in the Hudson Valley region, a market characterized by its steady demand for housing and proximity to the Catskill Mountains. The location provides access to local economic centers and regional transportation routes, making it a viable option for those targeting consistent rental income streams. Given the residential nature of the site and the existing unit configuration, the asset is well-suited for long-term hold strategies. The property offers a straightforward opportunity for investors to manage a boutique rental inventory within a growing upstate market. Future owners can leverage the current layout to meet the housing needs of local professionals and individuals residing within this Greene County community.

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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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