85-87 Nelson Avenue
Ghent, NY, 12075 $ 1,200,000
Bedrooms16 Baths8.0 Sq 8,208 Monthly Estimate*
$ 7,389
for $1,200,000 with 16 bedrooms and 8 full baths. This 8,208 square foot home was built in 1964 on a lot size of 1.4.
BEST INVESTMENT PRESENTLY LISTED - EXCELLENT NOI - FULLY OCCUPIED 2 buildings, total 8 identical units, on 1.4 acres. 2 bedrooms each unit and full bath, spacious L shaped LR/ DA and kitchen w/stove/fridge/range hood. Common laundry area in hallway w/washer/dryer. Private, off-street, asphalt parking lot. Total 16 bedrooms, 8 full baths. MLS format below does not permit entry of more than six apts. In addition to below: Apt 2C, GH, 1175/mth, mth-to-mth (7th Unit) Apt 2D, MM, 900/mth, mth-to-mth (8th Unit) In center of Ghent Hamlet. Walk to Dairy Queen, free tennis courts, sport field w/ swing sets, post office. Horseback riding lessons 5 minutes away. 3 miles to Chatham Village/schools, Taconic State Parkway, and only 10 to Hudson Warren St/Amtrak. All rents plus utilities. Separate meters. Common laundry area in each building. Owner pays maintenance, lawn/snow service, insurance. Very good condition. Some leases, some month-to-month as specified below, fully occupied. 48hr notice minimum required to show. NO SUNDAY SHOWINGS. Tenants must approve and provide access. ShowingTime preferred. Not all units were available to be photographed. Pre-occupancy photos used, as labeled.
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FeaturesGeneralSewer Private Sewer Septic Tank
Heating Electric Separate Meters
Possession Close Of Escrow Negotiable Subject To Tenant Rights See Remarks
Roof Asphalt
Appliances Refrigerator Range Hood Range
Zoning res/agri
Construction Materials Aluminum Siding Frame
Year Built 1964
Electric 200+ Amp Service Circuit Breakers
Tenant Pays All Utilities
Township Ghent
Levels Two
Property Subtype Multi Family
County Columbia
New Construction false false
Property Type Residential Income
Attached Garage false
Status Active
City Ghent
High School District Chatham Central Schools
Number Of Units Total 8
MLS Area Ghent
Lot Size Units Acres
Lot Size Square Feet 60984
Tax Annual Amount 11665
Property Condition Updated/Remodeled
MLS Area Minor Ghent
Structure Type Multi Family
Standard Status Active
Tax Assessed Value 650000
Tax Lot 68
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InteriorFlooring Carpet Linoleum
Furnished Units None
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 8208
Laundry Features Common Area In Hall Main Level
Total Bedrooms 16
Below Grade Finished Area 0
Total Baths 8
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ExteriorParking Features Asphalt Paved Parking Lot Off Street
Lot Features Cleared
Lot Size Area 1.4
Foundation Details Block
Building Area Total 8208
Lot Size Acres 1.4
Road Surface Type Asphalt
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* Excluded FeaturesList ByM. Natalia de AmorimListing Agent
Preferred Country PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,389
- Monthly Property Taxes
- $972
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Ghent, NY
Average List Price $777,000
Percent of Sale Price 35%
About Ghent, NY 5,479 Population
4% Since 2002
$ 67,312 Median Income
48.37 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/13/2026 | $1,200,000 | | Listed Price |