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14 Chatham Street, Nassau
$999,900
16 Beds ⋅ 9 Baths ⋅ 202627171 MLS
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.

14 Chatham Street, Nassau

16 Pennsylvania Avenue, East Greenbush
$289,900
3 Beds ⋅ 2 Baths ⋅ 202622328 MLS
Back on the market . 1st floor now vacant and freshly updated. Easy to show, Ideal owner-occupied two-family home or investment on a dead-end street in the highly desirable East Greenbush School District. This well-maintained property features hardwood floors, updated bathrooms, an updated furnace and hot water heater and windows, a two-car garage, and a full basement with a partially finished space offering additional flexibility. Enjoy a spacious, level back yard that's perfect for summer entertaining, gardening, or play. Conveniently located just minutes from Regeneron, the Empire State Trail, shopping, I-787, and I-90, this property offers an excellent combination of comfortable living, rental income potential, and an ideal commuter location.

16 Pennsylvania Avenue, East Greenbush

2 Sunset Road, North Greenbush
$525,000
5 Beds ⋅ 3 Baths ⋅ 202621063 MLS
Now available at a New Price! Unlock the potential of this well-maintained mixed-use investment property located in the sought-after East Greenbush School District! Featuring two fully rented residential units plus a versatile commercial space on the lower level with its own separate address, this property offers multiple income streams and excellent flexibility. Continue leasing the occupied units for maximum cash flow, or owner-occupy one of them and use the commercial space to operate your business while generating rental income from the apartments above. Positioned on a high-visibility road with outstanding frontage, your business will benefit from exceptional exposure. Conveniently located just minutes from shopping, restaurants, major highways, HVCC, Regeneron, the Rensselaer Train Station, and more, this is a perfect opportunity for investors or entrepreneurs seeking a property with strong income potential and a prime location. Basement offers potential rental opportunity, with 1 full bathroom and estimated monthly rent of $1,500. *Please note that any business going in will need a use variance and approval from the Town of North Greenbush Zoning.*

2 Sunset Road, North Greenbush

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