Courtesy: North Star Real Estate & Property Management
315-777-4365
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, two of which currently operate as short-term rentals (Airbnbs). 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.
Croghan is located in New York. Croghan, New York has a population of 3,186. Croghan is more family-centric than the surrounding county with 32.37% of the households containing married families with children. The county average for households married with children is 30.42%.
The median household income in Croghan, New York is $58,209. The median household income for the surrounding county is $60,049 compared to the national median of $69,021. The median age of people living in Croghan is 40.6 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 42 inches per year, with 126.8 inches of snow per year.
