24 High Street

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24 High Street

Chatham, NY 12037
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 at 24 High Street in Chatham.
  • Property features two units available for residential rental use.
  • Located within the Columbia County region of upstate New York.
  • Investment potential suitable for residential property portfolio expansion.
  • Accessible location near key Hudson Valley transportation corridors.

What's Special

This multifamily apartment building at 24 High Street in Chatham, New York, is currently available for purchase, presenting a functional acquisition for real estate investors focused on residential portfolios. The property consists of two units, offering a manageable scale for those looking to expand their footprint within this Columbia County community. Chatham maintains a steady demographic profile as a regional hub, characterized by its proximity to the Berkshires and the wider Hudson Valley corridor. This location provides access to local economic drivers and transportation routes that connect to larger metropolitan markets. Prospective owners might consider this asset for long-term hold strategies or as a smaller entry point into the multifamily sector. Given the current configuration of the two units, the property serves as a stable addition to a diverse investment strategy in an established upstate New York residential 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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