4332 Route 9, Hudson, NY
Multi-family for Sale - $550,000 - 13,000 Sq. Ft. on 4.59 acres
Property Info
| CIMLS# | 93902 |
| Location 4332 Route 9 Hudson NY 12534 | |
| Updated | April 26th, 2013 |
| Type | Multi-family |
| Price | $550,000 |
| Building | 13,000 Sq. Ft. |
| Land | 4.59 acres |
Property Description
U.S.9 :4.5 Acre Commercial Site with Municipal Water/Sewer/Gas; with 12 Older Rental Houses 1,000sf
each, requiring some TLC including new exteriors, presently clapboard. Presently 10 Units are Rented.
Also 3 houses require rehab. Rents are $800-$900 for houses; and $675-$700 for the two apts. SCHEDULED INCOME: $129,000; expenses $31,000; PRESENT INCOME: $98,000. Property can also be subdivided into 12 Parcels and selling the houses individually for $120,000+.-, fee simple or as condos. EXCELLENT INVESTMENT AND RETURN.............
Financials
scheduled income $129,000;
expenses $31,000
TENANTS PAY HEAT AND UTILITIES...............
