81 Jerome Avenue

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81 Jerome Avenue

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 located in Cairo, New York.
  • Property consists of two residential rental units.
  • Situated within the accessible Catskill mountain region.
  • Asset provides a viable entry into local residential markets.
  • Positioned for stable income generation via tenant leases.

What's Special

Investors seeking to expand a rental portfolio will find this two-unit apartment building at 81 Jerome Avenue a practical addition. Located in Cairo, New York, the property serves as a stable residential asset within a growing community in the Catskill region. This submarket benefits from its proximity to regional transit corridors and the natural appeal of upstate New York, which continues to attract long-term residents and seasonal visitors alike. The scale of this multifamily asset allows for straightforward property management and consistent rental income potential in a market where demand for housing remains steady. Buyers can leverage this building to secure a foothold in Greene County, providing versatile options for residential leasing strategies. The structure is well-positioned for those looking to manage smaller residential holdings while benefiting from the broader economic trends currently shaping the Hudson Valley and surrounding rural landscapes.

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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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