• Broker Larry Ross 9176804616

20 Unit Multifamily Package 3 Multifamily Properties Offered at $5,200,000 in Hudson, NY

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EXECUTIVE SUMMARY

Warren Street - This 3 story federal -style brick multi-family apartment building is located in prime Hudson right in the heart of downtown, just off of South 3rd Street. Spanning approximately 6,100 sq ft, the property houses 8 spacious apartments, featuring a mix of 1- and 2- renovated bedroom units equipped with modern appliances. There is an on-site laundry room as well. There are 4 parking spaces in the rear with a charming backyard. Originally built in 1969, the property has undergone significant capital improvements over the years. It is located 2 blocks from Promenade Hill Park, and within walking distance of boutique retail shops, services, fine dining and the Amtrak Station. This investment property is a rare gem with stable tenancy and strong rent collections, and presents a compelling investment opportunity.
Fairview -These two prime multi-family buildings are situated on the northeast corner of Fairview and Storm Avenue in a desirable residential area, less than a mile from the charming and historic town of Hudson. Together, they contain 12 spacious two-bedroom, two-bath apartments, each featuring a balcony, modern appliances, and new in-unit washers and dryers. Each building consists of six units, with heat and hot water included in the rent. Originally built in 1974, the property has undergone significant capital improvements over the years. A private parking lot is located at the rear for residents’ convenience. With stable tenancy and strong rent collections, the property presents a compelling investment opportunity, as current rents remain below market value, offering significant potential for growth.

PROPERTY FACTS

Price $5,200,000
Price / SF $286.41 / SF
Cap Rate 7.04%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 18,156 SF
Total Land Area 0.56 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
247 Warren St, Hudson, NY 12534 Multifamily 6,156 SF 1855 -
34 Fairview Ave, Hudson, NY 12534 Multifamily 6,000 SF 1974 -
36 Fairview Ave, Hudson, NY 12534 Multifamily 6,000 SF 1974 -
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ADDITIONAL PHOTOS

View Photo 245-247 Warren St
  • Listing ID: 35492913

  • Date on Market: 4/15/2025

  • Last Updated: 6/24/2025

  • Address: 20 Unit Multifamily Package, Hudson, NY

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