SOLD
Selling Price: $510,000
Four Unit Apartment House with Great Original Details.
Almost nothing to do to it. Get the keys and rent them out.
Four Units with four separate addresses and entrances. Shared backyard. Top two units have decks out back and the bottom units open to the garden. Four separate furnaces and hot water heaters. Tenants all pay their own heat and hot water. With very little updating, these units can all make a substantial jump to current market rate rents. With some basic excavation work and a retaining wall there is also room for 4 off-street parking spots on the alley.
Tenants currently paying way, way below market rents of between $550 and $650 per month for 2 bedrooms with full bath and outdoor space.. You could easily double and possibly even triple the current rents and still be below market. Property can be delivered vacant.
It’s your chance to get into the extremely hot rental market in Hudson NY.
Don’t miss it!
See the full listing here.