233-235 Columbia Street, Hudson, NY 12534

Property Description

4 UNIT MULTI FAMILY PLUS ADJOINING BUILDING LOT A Rare Investment & Development Opportunity in Historic Hudson!! An exceptional and increasingly rare opportunity to acquire a fully occupied four-unit multifamily property with an adjacent approved building lot in the heart of historic Hudson, NY. Just moments from the energy and culture of Warren Street, this offering uniquely combines immediate rental income, historic character, and meaningful development potential, a combination rarely available in Hudson's highly sought-after real estate market. The existing turn-of-the-century multifamily building offers an opportunity to restore and reimagine its period character while creating thoughtfully updated residences for today's market. With all four units currently occupied month-to-month, the property provides an attractive income-producing foundation from day one, while offering an investor the flexibility to pursue future improvements, repositioning, or renovation. The real distinction is the included adjacent building lot, approved for a new three-story structure. This creates the potential to expand the residential footprint, add new income-producing units, and unlock significant additional value through new construction, all while thoughtfully complementing the historic architecture of the existing property. Within easy reach of Hudson's celebrated restaurants, galleries, boutiques, cultural attractions, and waterfront, the location provides the ideal setting for a cohesive residential project that reflects both the character and continued evolution of the city. Opportunities to combine an existing income-producing multifamily asset with an adjoining development opportunity are exceptionally difficult to find in Hudson. For the discerning investor or developer, this is a chance to acquire not simply a property, but a platform for value creation through income, restoration, new construction, and long-term appreciation. Restore the past. Build the future. Invest in Hudson.