Three-Unit Residential Income
2237 Ghents Road Rotterdam, NY 12306
2237 Ghents Road, Rotterdam, NY, 12306
$325,000
Pending
For Sale
$325,000
Pending
Three separate units with individual utilities and garage hookups, suited for owner-occupants or income-focused buyers.
Property Size2,330 SF
Days on Market214
Property Features for 2237 Ghents Road
General Information
- Standard status
- Pending
- Size
- 2,330 SF
- Property subtype
- Multi Family / Triplex
Building Details
- Year Built
- 1950
Listing agency
Howard Hanna Capital Inc
(518) 356-2779
Listed by
George T Tomaselli · License #30TO0245901
(518) 356-2779
Source
Compass
Added: Dec 20, 2025 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 8:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Capital Inc
Investment Insights
Based on property information with market context.
This property is a rare three-unit residential income building with separate utilities for each unit. The home also features a private setting and a two-car garage. Windows have been replaced, and each unit is served by circuit breakers with 100-amp service. Washer and dryer hookups are available in the garage for each unit.
Located in Rotterdam, the property is associated with Mohonasen school attendance. Tenants are on month-to-month terms, and a 24-hour notice is required to schedule showings.
For buyers seeking a manageable multi-family layout, the combination of separate utilities, in-unit laundry hookups, and a two-car garage can support straightforward day-to-day ownership and tenant turnover. The month-to-month tenancy structure provides flexibility for planning occupancy or future use, subject to landlord-tenant requirements and notice requirements for showings.
Located in Rotterdam, the property is associated with Mohonasen school attendance. Tenants are on month-to-month terms, and a 24-hour notice is required to schedule showings.
For buyers seeking a manageable multi-family layout, the combination of separate utilities, in-unit laundry hookups, and a two-car garage can support straightforward day-to-day ownership and tenant turnover. The month-to-month tenancy structure provides flexibility for planning occupancy or future use, subject to landlord-tenant requirements and notice requirements for showings.
Key Highlights
- 3‑family property in Rotterdam with Mohonasen schools
- All separate utilities for each unit
- Each unit includes 100‑amp electrical service with circuit breakers
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $17.40 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $37.9k | $16.27 |
| − OpEx | −$11.4k | −$4.88 |
| NOI | $26.5k | $11.39 |
2,330 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$379.1K
$331.7K – $442.3K
NOI $26,535 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$340.0K
$297.5K – $396.7K
NOI $23,801 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$697.4K
$610.2K – $813.6K
NOI $48,818 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three separate units with individual utilities and garage hookups, suited for owner-occupants or income-focused buyers.
Where is this triplex located?
The property is located at 2237 Ghents Road Rotterdam, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3‑family property in Rotterdam with Mohonasen schools; All separate utilities for each unit; Each unit includes 100‑amp electrical service with circuit breakers
