725 Warren Street, Hudson, NY 12534

$1,995,000
14
BD
13
BA
8,800
SqFt
List Price
$1,995,000
Closing Date
1800-01-01 00:00:00
Status
ACTIVE
MLS#
136928
Bedrooms
14
Full-baths
11
Half-baths
2
Sq. Ft
8,800
Year Built
1940

Property Description

The Diamond Building. An iconic mixed-use building in the heart of Hudson's thriving business district and Upstate's Downtown! Strategically located next to the Rivertown Lodge, this property consists of 3 lots, one of which is currently parking &amp; shares its eastern border with the hotel. It can be built on or used for outdoor bar/dining, pool, etc. The layout of the Diamond Building consists of 11 apartments (3x2BR, 8x1BR) and 2 Warren Street commercial spaces. Current full tenancy and almost always a waiting list to get in; the owners of the building have renovated the apartments, refurbished the hallways, added new 2-level composite decks, and upgraded electrical and roof.&nbsp;<span style="font-size:" 10pt;="">This is currently the largest mixed-use and </span><span style="font-size:" 13.3333px;="">highest&nbsp;</span><span style="font-size:" 10pt;="">income-producing property being offered on Warren Street. It is a 6+% cap RoR &amp; offers buyers options to further develop going forward; or just sit back and collect great income. Fantastic tenants make this an easy investment and a portfolio star! </span>

Additional Information

Town Tax
10145
Floors
Hardwood, Oak, Tile, Vinyl
Siding
Clapboard, Vinyl
Roof
Rolled/Hot Mop
Style
Victorian
Foundation
Masonry, Stone
Construction
Frame
Basement
Full
School District
Hudson
Sewer
Municipal
Water
Municipal

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Tri Hudson Realty, LLC.