24 Chestnut St Cohoes, NY 12047
For Sale
1 / 28
Excellent opportunity to own a well-maintained, fully occupied two-family property in Cohoes. Located on a quiet one-way street, 24 Chestnut Street features two symmetrical 2-bedroom, 1-bath apartments with separate utilities and month-to-month tenants, offering flexibility for both investors and owner-occupants. The upstairs apartment rents for $1,200 per month and features updated cabinets and flooring. The downstairs apartment rents for $1,150 per month and has also been updated with newer cabinets and flooring. Both units offer functional, efficient layouts with strong long-term rental appeal. Major improvements provide peace of mind, including updated electrical, plumbing, and heating systems completed approximately 10 years ago, new vinyl replacement windows installed approximately 3 years ago, new siding, and a rubber roof that was professionally coated approximately 3 years ago. Additional features include a fenced backyard and separate tenant storage areas that are currently underutilized and offer added value. Ideally situated just steps from the Empire State Trail and West End Park, and within walking distance of Cohoes Middle School, this property combines a desirable location, dependable rental income, and numerous capital improvements, making it an outstanding investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.