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Listed by: Find Advisors
$ 619,900
Est. payment | /mo
6 Beds
4 Baths
3,193 SqFt
$ 619,900
Est. payment | /mo
6 Beds
4 Baths
3,193 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,193 sqft
Price per Sqft $194
MLS Listing ID 20260612
Bedrooms 6
Year Built 1900
Annual Tax Amount $427,631
Tax Year 427631
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
4 UNIT MULTI FAMILY PLUS ADJOINING BUILDING LOT
A Rare Investment & Development Opportunity in Historic Hudson!!
An exceptional and increasingly rare opportunity to acquire a fully occupied four-unit multifamily property with an adjacent approved building lot in the heart of historic Hudson, NY. Just moments from the energy and culture of Warren Street, this offering uniquely combines immediate rental income, historic character, and meaningful development potential, a combination rarely available in Hudson's highly sought-after real estate market.
The existing turn-of-the-century multifamily building offers an opportunity to restore and reimagine its period character while creating thoughtfully updated residences for today's market. With all four units currently occupied month-to-month, the property provides an attractive income-producing foundation from day one, while offering an investor the flexibility to pursue future improvements, repositioning, or renovation.
The real distinction is the included adjacent building lot, approved for a new three-story structure. This creates the potential to expand the residential footprint, add new income-producing units, and unlock significant additional value through new construction, all while thoughtfully complementing the historic architecture of the existing property.
Within easy reach of Hudson's celebrated restaurants, galleries, boutiques, cultural attractions, and waterfront, the location provides the ideal setting for a cohesive residential project that reflects both the character and continued evolution of the city.
Opportunities to combine an existing income-producing multifamily asset with an adjoining development opportunity are exceptionally difficult to find in Hudson. For the discerning investor or developer, this is a chance to acquire not simply a property, but a platform for value creation through income, restoration, new construction, and long-term appreciation.
Restore the past. Build the future. Invest in Hudson.
A Rare Investment & Development Opportunity in Historic Hudson!!
An exceptional and increasingly rare opportunity to acquire a fully occupied four-unit multifamily property with an adjacent approved building lot in the heart of historic Hudson, NY. Just moments from the energy and culture of Warren Street, this offering uniquely combines immediate rental income, historic character, and meaningful development potential, a combination rarely available in Hudson's highly sought-after real estate market.
The existing turn-of-the-century multifamily building offers an opportunity to restore and reimagine its period character while creating thoughtfully updated residences for today's market. With all four units currently occupied month-to-month, the property provides an attractive income-producing foundation from day one, while offering an investor the flexibility to pursue future improvements, repositioning, or renovation.
The real distinction is the included adjacent building lot, approved for a new three-story structure. This creates the potential to expand the residential footprint, add new income-producing units, and unlock significant additional value through new construction, all while thoughtfully complementing the historic architecture of the existing property.
Within easy reach of Hudson's celebrated restaurants, galleries, boutiques, cultural attractions, and waterfront, the location provides the ideal setting for a cohesive residential project that reflects both the character and continued evolution of the city.
Opportunities to combine an existing income-producing multifamily asset with an adjoining development opportunity are exceptionally difficult to find in Hudson. For the discerning investor or developer, this is a chance to acquire not simply a property, but a platform for value creation through income, restoration, new construction, and long-term appreciation.
Restore the past. Build the future. Invest in Hudson.
Location
State NY
County Columbia
Area Hudson
Zoning R4
Rooms
Basement Partial, Unfinished
Exterior
Fence Full, Perimeter
Building
Lot Description City Lot
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Tri-Level
Schools
High Schools Hudson City Schools
School District Hudson City Schools
Others
Tax ID 109.44-1-59.1
NEARBY SCHOOL & BUSINESS
