29 Railroad Avenue

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29 Railroad Avenue

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).

  • The property is situated at 29 Railroad Avenue in Chatham, New York.
  • This multifamily asset comprises a total of three individual apartment units.
  • The building is currently offered for sale to prospective real estate investors.
  • Columbia County provides a stable backdrop for residential rental property operations.
  • The asset is suitable for inclusion in a professional rental portfolio.

What's Special

Chatham serves as a central hub within Columbia County, offering a distinctive rural character while maintaining access to regional transit corridors. This multifamily property at 29 Railroad Avenue occupies a strategic position within the local submarket. The structure contains three apartment units, providing a stabilized residential asset for investors seeking to maintain a foothold in this part of New York. Given the configuration of the building, the units serve as viable long-term rental housing options for residents working within the immediate area or commuting to nearby regional centers. The scale of the asset allows for manageable oversight, making it a functional addition to a boutique residential portfolio. Its presence in Chatham reflects the steady demand for rental housing across the Hudson Valley region.

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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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