24 Park Place, Hudson, NY 12534

$995,000
4
BD
9
BA
10,400
SqFt
List Price
$995,000
Status
ACTIVE
MLS#
134810
Bedrooms
4
Full-baths
4
Half-baths
5
Sq. Ft
10,400
Year Built
1880

Property Description

Downtown Hudson Investment- 9 unit brick pre-war building, fully occupied, current rent roll providing an 8% true cap return rate! This mixed-use building is a great combo of residential and commercial space. Current owners have upgraded all 4 pre-war apartments, and the 5 unique commercial spaces as well. The building straddles both the 7th Street Park and Columbia Streets, anchoring the new Columbia Heights district. Newest tenants New York Hat Co and the Juice Branch have successfully opened their businesses and have thrived in their shops, along w nearby restaurant neighbors Relish, Vasilow's Chocolatier, and Miss Karet designs. All units are full, all tenants paying 100% rent including utilities. Buy as a pure investment, or keep a top floor pied e terre you can use and rent out when away. Building upgraded with new electric, plumbing, heating & cooling, floors, kitchens, and has one of the best investment returns in Hudson today. This corner is the Gateway to Upstate's Downtown!

Additional Information

Town Tax
7088
Siding
Brick
Roof
Rubber
Foundation
Block, Masonry
Construction
Brick, Frame
Basement
Full
School District
Hudson
Sewer
Municipal
Water
Municipal

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Tri Hudson Realty, LLC.