Property profile

9768 State Route 812 Croghan, NY 13327

FOR SALE
Land
Property ID
US63-4557106
Built 1912
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Property summary

AI-generated overview

Exceptional Investment Opportunity in the Heart of Croghan, NY – Multi-Unit Property with Expansion Potential Welcome to a rare offering in the charming village of Croghan — Built in 1912, this 5-unit multifamily residence blends income-generating potential with long-term growth opportunities. Perfectly positioned on a quiet street yet close to local amenities, this property is an ideal fit for both seasoned investors and visionary owner-occupants. The property includes one spacious 3-bedroom apartment, one 2-bedroom apartment, and three cozy and efficient 1-bedroom apartments, one of which is currently operated as a short-term rental (Airbnb). All apartments have new flooring throughout, new kitchens, new appliances, new bathrooms, and new cupboards. The common area is redone as well with new floors and coin op laundry. The property also features an unfinished 3rd Floor with unfinished space offers a blank canvas for future development. Sized to accommodate up to four additional 1-bedroom units, this floor presents a significant value-add opportunity for developers or investors seeking to expand their portfolio. Showings by appointment only. Call your agent today. bikeScore: 23, Somewhat Bikeable walkScore: 35, Car-Dependent

Property profile

Verified
Property type Land
Year built 1912
UPID US63-4557106

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9768 State Route 812 Croghan, NY 13327
Croghan metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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