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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 as it is, 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 permit are already in place to convert the garage into 2 - 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 du plexes 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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Detail Ic Property Details

Property Type : Residential Income

Price : $999,900

AD Id : 91574868

MLS Id : 20265769

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

    Room Information

    Has Basement: Yes Basement: Crawl Space, Partial, Unfinished
  • Flooring Information

    Carpet, Laminate, Linoleum
  • Roofing Information

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

    High Speed Internet, Storage Roof: Asphalt, Flat, Rolled/Hot Mop, Shingle Appliances: Range, Refrigerator, Water Heater Laundry Features: Other Window Features: Insulated Windows, Screens
  • Heating & Cooling

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

  • Building Information

    Year Built: 1900 Building Area Total: 6558 Construction Materials: Frame, Vinyl Siding Stories: 2 Private Pool: No View: Downtown, Neighborhood

  • Lot Information

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

  • Listing Price Information

    Listing Price: $999900

  • Tax Information

    Parcel Number: 211.12-6-11 Tax Lot: 11 Tax Block: 6 Tax Year: 2026 Annual Tax: $8200 Tax Legal Desc: residential Multi Family

  • Parking Information

    Common, Gravel, Off Street, Paved

    Garage Information

    Has Garage: Yes Garage Space: 5

  • Utility Information

    Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Location Information

    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

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ulster County Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Ulster County Board of REALTORS®, Inc.

ByOwner last updated this listing 10/01/2026 @ 19:03

MLS: 20265769 LISTED BY: Karen Sheffer, Berkshire Hathaway HomeService SOURCE: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS)

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