221-225 Allen St, Hudson, NY 12534

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221-225 Allen Street Hudson
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$525,000 List Price
Off Market
 
Listing ID 10520990
Property Type Multi-Unit (5+)
County Columbia
Township Hudson
Neighborhood 1st Ward
Tax ID 100600-109.043-0003-068.000
FEMA Flood Map fema.gov/portal
Year Built 1910
Virtual Tour

6 Unit Apartment House on a Double Lot on tree-lined Allen St

Update the units and keep as a six unit, or convert the property back to the deluxe two family it once was. Great AirBnB possibilities as well. Polish this gem and help complete the renaissance of this block in Hudson. 2 blocks to Amtrak and close to everything Hudson has to offer. There is a full height basement that had previously been living space with windows and a walk out in back. If permitted, that space could add even more value to this property. Building is a fixer upper, but all six units are currently occupied and functioning. All tenants are month to month and pay their own heat and hot water. Great Catskill Mountain views out back. Possible creative financing.
Property Details
  • 6 Full Baths
  • 3750 SF
  • 0.15 Acres
  • Built in 1910
  • 3 Stories
  • Available 8/04/2018
  • Full Basement
  • 1800 Lower Level SF
  • Lower Level: Unfinished, Walk Out
Unit Information
Unit #1 – Gross Area: 875, Rent Price: 900, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Gross Area: 875, Net Leasable Area: 585, Rent Price: 825, Bedrooms: 2, Full Baths: 1, Occupied
Unit #3 – Gross Area: 875, Net Leasable Area: 585, Rent Price: 875, Bedrooms: 2, Full Baths: 1, Occupied
Unit #4 – Gross Area: 875, Net Leasable Area: 585, Rent Price: 825, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5 – Gross Area: 875, Net Leasable Area: 585, Rent Price: 875, Bedrooms: 2, Full Baths: 1, Occupied
Unit #6 – Gross Area: 875, Net Leasable Area: 585, Rent Price: 875, Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Carpet Flooring
  • Hardwood Flooring
  • Vinyl Flooring
  • Forced Air
  • 6 Heat/AC Zones
  • Gas Fuel
  • Natural Gas Avail
  • 520 Amps
Exterior Features
  • Frame Construction
  • Vinyl Siding
  • Wood Siding
  • Metal Roof
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Scenic View
  • City View
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
Commercial Info
  • Class: Apartments
  • Uses: Residential Apartments
  • 4 Parking Spaces
  • 9% Cap. Rate
Income/Expenses
  • Gross Income $62,400
  • Net Income $46,711
  • Maintainence Exp $3,120
  • Insurance Exp $1,248
  • Water Exp $2,520
  • Paid by Landlord: Water, Insurance, Ord. Maint., Struct. Maint., Ground Maint.
Previously Listed By
Victor Mendolia
THE KINDERHOOK GROUP INC
Office: 518-751-4444
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