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14 Chatham Street

Nassau, NY 12123
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Bed 16

Bed

Bath 9

Bath

SqFt6,558

Sqft

Acres1

Acre(Lot)

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 a nd 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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Detail Ic Property Details

Property Type : Residential Income

Price : $999,900

AD Id : 91572196

MLS Id : 202627171

Beds : 16

Lot Size : 1 Acre

Living Area Size : 6,558 Sq. Ft

Tax Amount : $8,200

Year Built : 1900

Garage : 5

County : Rensselaer

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 9 Full Baths: 8 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Flooring Information

    Vinyl, Carpet, Laminate, Linoleum
  • Roofing Information

    Rolled/Hot Mop, Metal, Shingle, Asphalt
  • Interior Features

    High Speed Internet Roof: Rolled/Hot Mop, Metal, Shingle, Asphalt Window Features: Screens, Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric, Forced Air, Oil Cooling: None

  • Building Information

    Year Built: 1900 Construction Materials: Stone, Block, Vinyl Siding Patio And Porch Features: Rear Porch, Enclosed Private Pool: No View: None
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: irregular Main Square Feet: 1 Acres Lot Size Acres: 1 Lot Size Square Feet: 43560 Lot Description: Level, Cleared, Irregular Lot

  • Listing Price Information

    Listing Price: $999900

  • Tax Information

    Parcel Number: 383001 211.12-6-11 Tax Lot: 11.000 Tax Block: 6 Annual Tax: $8200

  • Parking Information

    Parking Total: 20 Off Street, Paved

    Garage Information

    Has Garage: Yes Garage Space: 5

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Columbia
  • Utility Information

    Cable Available
  • Location Information

    Direction: Route 9 & 20 into village of Nassau. Right on Chatham Street at light. Property is 2 buildings down from Cumberland Farms store. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
46 Church Street, Nassau, NY, 12123 $225,000 2 2 1,920 0.66 Acre
14 Chatham Street, Nassau, NY, 12123 $999,900 16 9 6,558 1 Acre

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ByOwner last updated this listing 10/01/2026 @ 15:46

MLS: 202627171 LISTED BY: Karen Westman, Berkshire Hathaway Home Services Blake 518-758-1300 SOURCE: Global MLS

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