36 Spring Street

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36 Spring 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.
  • The property features a total of three residential units.
  • Located at 36 Spring Street in Chatham, New York.
  • An efficient asset for localized residential property investment.
  • Chatham offers a steady residential environment in the region.

What's Special

This multifamily apartment building at 36 Spring Street in Chatham, New York, is currently available for sale, presenting a practical addition to a real estate portfolio. The property consists of three individual units, making it an appropriate acquisition for investors seeking a manageable asset in this scenic region of the Hudson Valley. Chatham maintains a steady, small-town character that remains popular with both local residents and weekend visitors from nearby urban centers. Its location provides accessible proximity to regional transit routes while retaining the quiet atmosphere essential for long-term residential appeal. This configuration offers a straightforward opportunity to maintain consistent occupancy within a established neighborhood. Investors will find the scale of this building conducive to efficient property management and steady rental income performance. As a stable asset, this property fits well into a broader strategy focused on residential growth in the upstate market.

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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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