8 Washington Avenue

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8 Washington Avenue

Highland, NY 12528
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 residential building located at 8 Washington Avenue in Highland.
  • The property features two individual apartment units for rental occupancy.
  • The building sits within the Hudson Valley region of New York.
  • This asset is currently available for purchase by interested investors.
  • The Highland area remains a steady submarket for residential real estate.

What's Special

This multifamily apartment building at 8 Washington Avenue in Highland, New York, serves as a functional investment for those seeking a small-scale residential asset. Comprised of two units, the property fits well into the current housing landscape of this growing Hudson Valley submarket. The regional economy benefits from its proximity to major transportation corridors and a steady demand for rental housing across Ulster County. Investors or owner-occupants looking to manage a manageable residential portfolio will find this asset type well-suited for long-term hold strategies. The location provides connectivity to neighboring commercial hubs and regional transit routes, making it an accessible choice for tenants. With its two-unit configuration, the property offers a streamlined approach to multifamily ownership in a stable market area characterized by regional growth and community development.

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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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