47 Austerlitz Street, Chatham, NY

About 47 Austerlitz Street

A Rare Opportunity in Chatham For the first time in 37 years, this unique multi-family home is on the market. Situated on a quiet street, it's just a short stroll from Chatham's vibrant main street, offering an unbeatable combination of lifestyle and investment. This property is a dream for a first-time home buyer. Live in the spacious 2,100 square foot main residence, which features four bedrooms and two bathrooms, and let the rental income from the separate apartment help cover your mortgage. The one-bedroom apartment has its own entrance and until recently was rented for 1,050 per month, with the tenant covering their own utilities. That immediate, substantial income makes homeownership here more affordable than ever. The main home has a welcoming feel with gleaming hardwood floors and a recently updated kitchen with all-new appliances and cabinetry. You'll appreciate the convenience of municipal water and sewer services, and the heating is provided by an efficient oil hot water system with 200-amp electrical service. Outdoor living is easy with a classic front porch and a private yard space. An added plus is the oversized two-car garage with extra storage, offering even more potential for income or personal use. Another Plus to this home, is the additional unfinished space located above the rental unit. If finished, it would add an additional two bedrooms to the rental unit, and substantial additional income. This home is priced to sell and offers unbeatable value. Don't miss your chance to own a piece of Chatham with this exceptional property.

Listing Map