14 Chatham Street, Nassau, NY 12123
Local realty services provided by:HUNT Real Estate ERA
Listed by: karen r westman
Office: berkshire hathaway home services blake
MLS#:202627171
Source:Global MLS
Price summary
- Price:$999,900
- Price per sq. ft.:$152.47
About this home
INVESTOR ALERT! This fantastic property is a great money maker, with a 9+ Cap Rate! Eight fully rented units in four buildings on a one-acre village lot with approximately 122,500 thousand in annual gross income. Village-approved plans and permits are already in place to convert the garage into two two-bedroom apartments along with County-approved septic plans. Additional septic plans allow for the possible conversion of the unfinished basement into another 2-bedroom apartment pending town approval. Recent improvements include new siding on all buildings, new or recoated roofs, and four new electric services. 6 of the 8 units have been renovated; kitchens, baths, appliances, lighting, water heaters, vinyl plank flooring, and freshly painted. The property includes two up-and-down duplexes and two side-by-side duplexes. The lot extends from Chatham Street to Johns Street, with the Rail Trail near the rear entrance and village shops and restaurants close by. Buyers should verify income, expenses, approvals, and expansion potential. 10 minutes to East Greenbush. 20 minutes to Rensselaer and downtown Albany....
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Home facts
- Year built:1900
- Listing ID #:202627171
- Added:1 day(s) ago
- Updated:October 01, 2026 at 01:39 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:9
- Full bathrooms:8
- Half bathrooms:1
- Flooring:Carpet, Laminate, Linoleum, Vinyl
- Basement Description:Bilco Doors, Full, Unfinished
- Living area:6,558 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Forced Air, Oil
Structure and exterior
- Roof:Asphalt, Metal, Rolled/Hot Mop, Shingle
- Year built:1900
- Building area:6,558 sq. ft.
- Lot area:1 Acres
- Lot Features:Cleared, Irregular Lot, Level, Road Frontage
- Architectural Style:Apartment 4 Plus Unit, Ranch
- Construction Materials:Block, Drywall, Stone, Vinyl Siding
- Exterior Features:Enclosed, Rear Porch
- Foundation Description:Block, Combination, Concrete Perimeter, Slab, Stone
Schools
- High school:Columbia
Utilities
- Water:Public
- Sewer:Shared Septic
Finances and disclosures
- Price:$999,900
- Price per sq. ft.:$152.47
- Tax amount:$8,200
Features and amenities
- Amenities:High Speed Internet, Insulated Windows, Paddle Fan, Screens
Parking
- Total parking spaces:20
- Parking description:Off Street, Paved, Stone
- Garage:Yes
- Garage spaces:5
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