29 Thomas Street

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29 Thomas 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 available for purchase in Chatham
  • Asset features a total of two individual residential units
  • Property situated at 29 Thomas Street in Columbia County
  • Well-suited for investors pursuing small-scale residential rental properties
  • Located within a prominent Hudson Valley community setting

What's Special

This multifamily apartment building for sale at 29 Thomas Street in Chatham, NY, presents a potential addition to a residential investment portfolio. The property consists of two units, providing a manageable scale for investors looking to establish or expand a presence in the Hudson Valley region. Chatham serves as a notable hub within Columbia County, characterized by a blend of historic charm and ongoing local economic activity that attracts long-term residents seeking access to the surrounding natural landscapes and proximity to larger metro centers. Given the asset type and current layout, the building is suited for buy-and-hold investors focused on rental income generation or operators interested in small-scale multifamily management. Its position in the market allows for various configurations to meet local housing demand. Proximity to regional thoroughfares supports accessibility for tenants commuting between upstate New York communities and the capital district.

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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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