$598,000
$27K PRICE DROP

635 Albany Turnpike Old Chatham, NY 12136

Estimated payment $3,541/month

Total Views 7,025
4 Beds
4 Baths
3,050 Sq Ft
$196 Price per Sq Ft

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Wood Siding

About This Home

In the heart of Old Chatham, is this rare opportunity to purchase a historic, well maintained, 3 unit property with views of breathtaking, cascading waterfalls. The Old Chatham Post Office currently occupies one unit (3 years remain on the lease) and, there are 2 updated, currently vacant apartments to rent, live in or use as office space. The two level, 2 bedroom apartment and a 1 (could be 2) bedroom apartment both feature wide board floors and original woodwork. Each unit has its own meter, and utilitiesThe building has been in loving hands for many years. and the owner occupied one of the units There have been numerous improvements to the property: a new roof, heating systems, water heaters. new fencing and deck are a few of the upgrades.The mature and lush landscape is a sight to behold. There is a full and heated walkout basement which is usable in part for a studio or work area. Immediate income and easily rented apartments make this investment a sure thing! Close to Chatham Village and an easy drive to Hudson, Albany and the Berkshires.

Listing Agent

Peter Newman

Beach & Bartolo Realtors License #10401304452 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1850

Lot Details

  • 0.81 Acre Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 26.3-1-26

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,399

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Year Built: 1850
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.81
  • Road Surface Type: Paved
  • Co List Office Phone: 518-392-2700
  • MLS Status: Active
  • General Property Information Lot Size Acres: 0.81
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: Yes
  • Existing Lease Type Gross: Yes
  • Foundation Details Stone2: Yes
  • Foundation Details Block3: Yes
  • Meter Information Number Of Separate Gas Meters: 3
  • Location Tax and Legal Town Tax2: 1209.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Full Basement: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block, Stone
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 200+ Amp Service
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Well
  • Water Heater: Yes
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes

Schools

  • Junior High Dist: Chatham Central Schools

Lot Info

  • Lot Size Sq Ft: 35283.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 26.3-1-26

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3
  • Existing Lease Type: Gross

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,399 $380,000 $14,000 $366,000
2023 $5,808 $380,000 $14,000 $366,000
2022 $5,814 $380,000 $14,000 $366,000
2021 $3,892 $120,950 $10,500 $110,450
2020 $987 $120,950 $10,500 $110,450
2019 $913 $120,950 $10,500 $110,450
2018 $913 $120,950 $10,500 $110,450
2017 $903 $120,950 $10,500 $110,450
2016 $916 $120,950 $10,500 $110,450
2015 -- $120,950 $10,500 $110,450
2014 -- $120,950 $10,500 $110,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $598,000 -4.3% $196 / Sq Ft
06/02/2025 06/02/25 For Sale $625,000 0.0% $205 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
04/05/2025 04/05/25 For Sale $625,000 -- $205 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Purchase History

Date Type Sale Price Title Company
Deed $140,000 Virginia D Benedict
Deed $110,000 K Esrick
Source: Public Records

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 156573

Hudson Valley Catskills Region Multiple List Service

APN: 102689-026-003-0001-026-000-0000