$525,000

Just Reduced – $480,000

21-23 Fairview Avenue, Hudson NY 12534

4 Unit Apartment House

The building could use a freshening up. But these four identical units have tons of original details and built-ins. The bones are all here. These apartments are currently renting for $1200 each. But with some minimal upgrades, they could be bringing in substantially more. As they are, the building is doing an 8.07% cap rate. With updated kitchens and baths add in a dishwasher and washer & dryer to each unit and they could conservatively bring in $1600-$1800 each.

See the full listing here