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354-356 Union Street Hudson, NY 12534
$1,695,000
  • Commercial
  • Year Built 1800
  • Multi Family
  • ML# 888249

Property Details

Overview

A beautiful Second Empire Victorian, located on a great block of Union St just across from the stately Courthouse Square, and a block away from thriving Warren St. The building was completely gut-renovated in 2020, and is in excellent condition and truly a turn-key investment. This is a unique opportunity to invest in thriving downtown Hudson, where high-quality apartments are in high demand and fetch impressive rents an Income and Expenses report is available upon request to serious buyers. The building includes (5) spacious and well appointed apartments, (4) one-bedrooms and (1) two-bedroom unit on the top floor. All units boast loft-like living, dining and kitchen areas, two bathrooms, and in-unit washer and dryers. Four of the units are fully occupied with excellent tenants who pay market rents, and one unit is operated as an Airbnb and would make a great owners unit. There is further development potential, with a huge carriage house that can deliver two additional apartments, or a fabulous Owner’s home on the alley. Renovations have begun in the carriage house, with foundation and framing work complete. The sale included stamped plans which have been fully approved by the local planning and historic boards. This property offers a huge value to any savvy investor looking to buy a turn-key historic property on the best street in Hudson.

Key Facts

  • Lot Size: 0.14
  • Lot Sq Ft: 6098
  • Taxes: $10,683
  • Sale or Rent: Sale

Additional Features

  • Construction Materials: Clapboard, Frame, Other

Interior & Utilities

  • Heat: Forced Air
  • A/C: Multi Units
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $10,683
Listing Information provided courtesy of Compass Greater NY, LLC  914-238-0676
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS