Amazing investment opportunity! Fantastic money maker - very unique! Most of the units have been rehabbed. 6 out of 8 rented. 2 were just recently rehabbed and vacant. FOUR, two unit apartment buildings, garage and shed. One acre parcel. Septic inspection done 4/2022 and all good! All tenants pay their own electric heat but for the 1st floor in the main house which is oil/forced hot air. Plenty of parking here on this sprawling lot. Don't miss out on this opportunity! Award winning East Greenbush schools. 15.3% CAP RATE. RENTS ARE: $1100, $1550, $850, $893, $700, $1050, 2 new rehabbed unit are 2 bedroom, could get $1,487 as per HUD fair market rents = $8,891 per month total income
Pending
$514,900
14 Chatham Street, Nassau, NY 12123
14beds
6,000sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
- 85 days
- on Zillow |
- 51 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 04:37am
Listing by:
Berkshire Hathaway Home Services Blake 518-439-4943,
Melissa Hems 518-951-0411,
Alexander D Buell 518-376-3338,
Property Pro Realty Group Inc.
Source: Global MLS,MLS#: 202510664

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Forced Air
Cooling
- None
Features
- Vaulted Ceiling(s), Built-in Features
- Flooring: Vinyl, Wood, Carpet
- Basement: Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
- Finished area above ground: 6,000
- Finished area below ground: 2,000
Property
Parking
- Total spaces: 25
- Parking features: Off Street, Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Deck
- Exterior features: None
Lot
- Size: 1 Acres
- Features: Private, Level, Road Frontage, Cleared
Details
- Additional structures: Storage, Shed(s), Garage(s)
- Parcel number: 383001 211.12611
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Siding
- Foundation: Block, Concrete Perimeter, Stone
- Roof: Shingle,Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Nassau
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $494,804
- Annual tax amount: $9,400
- Date on market: 5/30/2025
- Tenant pays: Electricity
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