0 Rte 295

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0 Rte 295

Chatham, NY 12060
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 Chatham, New York.
  • The residential property contains a total of six units.
  • Property is situated directly along the Route 295 corridor.
  • Chatham offers a tranquil setting within the Hudson Valley region.
  • Suitable investment for those seeking small-scale residential rental assets.

What's Special

This six-unit multifamily apartment building is positioned along Route 295 in Chatham, New York. The property serves as a stable residential investment opportunity within a quiet Columbia County setting. Chatham maintains a character defined by its rural charm and proximity to larger Hudson Valley hubs, attracting residents who prioritize regional connectivity and access to local amenities. An asset of this size provides a manageable entry point for investors seeking to build a foothold in the local housing market. With demand for rental housing remaining consistent across the surrounding towns, this building supports long-term occupancy strategies. Prospective owners can evaluate the current configuration to optimize operational efficiency and maximize the value of the individual rental units.

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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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