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!
Listing courtesy of Tri Hudson Realty, LLC.