14 Chatham Street, Nassau, NY 12123 (MLS# 202510664)

$500,000
14 Chatham Street
Nassau, NY 12123
MLS# 202510664
Status: Closed
14 beds
IMG_7328
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IMG_7328 Building 4, Apt 7 Parking/Patio IMG_7931 IMG_7932 IMG_7927 IMG_7928 IMG_7933 IMG_0795 IMG_0796 IMG_7922 IMG_7924 IMG_7919 IMG_7925 IMG_7920 IMG_7921 IMG_7320 IMG_7324 IMG_0455 IMG_0456 IMG_0457 IMG_0458 IMG_0459 IMG_0460 IMG_0461 IMG_0462 IMG_0463 IMG_0467 IMG_0464 IMG_0454 IMG_0465 Building 2, Apartment 2 & 3 Building 1: 2nd Floor Apt IMG_5094 IMG_5095 IMG_5096 IMG_5099 IMG_5100 IMG_5101 IMG_5102 IMG_5103 IMG_5104 IMG_5105 IMG_5106 IMG_5107 IMG_5109 Building 2: apt 3 and 4 IMG_5112 Building 2-Apt 3 IMG_5116 IMG_5117 IMG_5125 IMG_5121 IMG_5126 IMG_5128 Laundry Room IMG_5118 IMG_5122 IMG_5123 IMG_5124 IMG_5129 Building 2, Apt 4 IMG_5134 IMG_5136 IMG_5138 IMG_5139 IMG_5140 IMG_5141 IMG_5142 IMG_5143 Building 3, Apt 5 IMG_5159 IMG_5163 IMG_5165 IMG_5162 IMG_5164 Laundry is in the full Bathroom. IMG_5167 s IMG_5170 Plenty of parking. IMG_5113 IMG_5133 IMG_5160 IMG_5170

Property Description
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

Details
Maps
Documents
Contract Information
Original List Price: 529900
List Price/SqFt: 85.82
Status: Closed
Property Sub Type: Multi Family
Sold Price: $500,000
Current Price: $500,000
Listing Contract Date: 2025-01-14
Location
City/Town (Mail): Nassau
Cross Street: Church St
Street Number: 14
Street Name: Chatham
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12123
Geo Lat: 42.51541
Geo Lon: -73.611027
Property Detail
Number Of Units Total: 8
Rooms Total: 32
Bathrooms Half: 1
Garage Spaces: 4
Above Grade Finished Area: 6000
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 2000
Below Grade Finished Area Source: CRS
Living Area: 6000
Lot Size Dimensions: See diagram in pictures
Lot Size Acres: 1
Main Road Frontage: 61
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 14
Bathrooms Full: 8
Year Built: 1900
Status Change Info
Sold Price/SqFt: 83.33
Status Change Date: 2025-09-03
Under Contract Date: 2025-07-18
Sold Date: 2025-09-03
Sold Price: $500,000
Parcel, Tax, HOA
Parcel Number: 383001 211.12-6-11
Tax Annual Amount: 9400
Tax Section: 211.12
Total Taxes Description: Actual
Tax Block: 6
Tax Lot: 11
School District: East Greenbush
High School: Columbia
Association Y/N: No
Directions & Remarks
Directions: 787S to exit 5, left onto 90E, right onto 11E take a right, Columbia Tpk, right onto Chatham.
Public Remarks: 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
Sewer
Septic Tank: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
100 Amp Service: 1
Financial Details
General Taxes: 3122
General Taxes Description: Actual
School Taxes: 6060
School Taxes Description: Actual
Village Taxes: 2048
Village Taxes Description: Actual
Attic Features
Hatch: 1
Cooling
None: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 1st
Full Bath 6: 1st
Full Bath 7: 1st
Full Bath 8: 1st
Half Bath 1: 2nd
Lot Features
Cleared: 1
Level: 1
Private: 1
Road Frontage: 1
Construction Materials
Vinyl Siding: 1
Wood Siding: 1
Non Member
Non Member Name: Karen Sheffer
Other Structures
Garage(s): 1
Shed(s): 1
Storage: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Exterior Features
None: 1
Fireplace Features
Wood Burning Stove: 1
Flooring
Carpet: 1
Vinyl: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Shingle: 1
Water Source
Public: 1
Foundation Details
Block: 1
Concrete Perimeter: 1
Stone: 1
Heating
Baseboard: 1
Electric: 1
Forced Air: 1
Income And Expenses
Rental Income: 106692
Rental Income Description: Estimated
Total Income: 106692
Total Income Description: E
Insurance Expense: 3000
Insurance Expense Description: Estimated
Miscellaneous Expense: 800
Miscellaneous Expense Description: Estimated
Water Sewer Expense: 2600
Water Sewer Expense Desc.: Actual
Fuel Expense: 800
Net Operating Income: 60038
Interior Features
Built-in Features: 1
Vaulted Ceiling(s): 1
Other Equipment
Fuel Tank(s): 1
Parking Features
Parking Total: 25
Driveway: 1
Off Street: 1
Patio And Porch Features
Deck: 1
Porch: 1
Levels
One: 1
Two: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Heat: 1
Number Of Separate Electric Meters: 8
Tenant Pays
Electricity: 1
Unit Information
Number Of Refrigerators: 8
Number Of Stoves: 8
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Main 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1100
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Oil: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Main 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1550
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Total Half Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Blue 1
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 850
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Blue 2
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 893
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: White 1
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 700
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Month To Month
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: White 2
Occupant Type MF Unit 6: Vacant
Monthly Rent MF Unit 6: 1374
Rent Desc. MF Unit 6: Estimated
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: Brown R
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1050
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Month To Month
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 7 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: Brown L
Occupant Type MF Unit 8: Vacant
Monthly Rent MF Unit 8: 1374
Rent Desc. MF Unit 8: Estimated
Lease Term MF Unit 8: Month To Month
Total Rooms MF Unit 8: 5
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Parking: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 8 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Hatch
Basement: Full; Unfinished
Construction Materials: Vinyl Siding; Wood Siding
Cooling: None
Electric: 100 Amp Service
Exterior Features: None
Fireplace Features: Wood Burning Stove
Flooring: Carpet; Vinyl; Wood
Foundation Details: Block; Concrete Perimeter; Stone
Heating: Baseboard; Forced Air
Interior Features: Built-in Features; Vaulted Ceiling(s)
Levels: One; Two
Lot Features: Cleared; Level; Private; Road Frontage
Other Equipment: Fuel Tank(s)
Other Structures: Garage(s); Shed(s); Storage
Parking Features: Driveway; Off Street
Patio And Porch Features: Deck; Porch
Roof: Asphalt; Shingle
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Heat
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Maintenance Grounds; Management; Oil; Parking; Sewer; Snow Removal; Trash
Unit 2 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 7 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 7 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 8 Owner Furnish Features: Maintenance Grounds; Management; Parking; Sewer; Snow Removal; Trash; Water
Unit 8 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
IDX
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
Source MLS Verified

Information deemed reliable but not guaranteed.

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