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.