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
Off market
$494,804
14 Chatham St, Nassau, NY 12123
14beds
6,000sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$82/sqft
$1,468 Estimated rent
What's special
Zillow last checked: 7 hours ago
Source: BHHS broker feed,MLS#: 202510664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Heating
- Forced Air, Electric
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Details
- Parcel number: 38300121112611
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
- Roof: Asphalt,Shake
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Nassau