HUDSON VALLEY MULTIFAMILY REAL ESTATE FOR INVESTMENT
Hudson Valley Multifamily Properties are becoming increasingly sought after. Individuals see the regular income flow from these properties as a positive factor. They are a relatively safe investment with a very impressive upside if chosen in up and coming areas. If selected in the right areas, they also can appreciate considerably over time.
Search Hudson Valley Multifamily Real Estate
Our newest farm properties are displayed below, most recent first. Search in order of price by clicking the bar to the right.
- Hudson 2 Family Nice Quiet Street 12534 | HVREAL
- Contact: David Birch
- Cell Number: (518)928-7239
- $329,000
- Germantown Multifamily 4 Units Plus Barn 1 Acre Net 30K
- Germantown Multifamily 4 Units Plus Barn 1 Acre Net 30K. This Multifamily is a great opportunity for solid income with 4 units that earn 30K, and a large barn. Currently a workshop, garage, large loft, and convenient to Germantown and northern Dutchess county.
- Contact: David Birch
- Cell Number: 518-928-7239
- $299,000
- Pine Plains 2 Family Plus Cottage RR $27,600 12567
- Pine Plains 2 Family Plus Cottage RR $27,600. Located on Pine Plains Mains Street it is convenient to everything. Needs Cleanup but well worth it.
- Contact: David Birch
- Cell Number: 518-928-7239
- $275,000
- Catskill 1800 + Additional, Adjoined Renovated Buildings 12451 | HVREAL
- Catskill 1800 + Additional, 2 adjoining renovated buildings with central air and heating totalling 6000 SF, easy access to NYS Thruway in small village setting close to Catskill commercial area, contains office, studio, and living space.
- Contact: David Birch
- Cell Number: (518)928-7239
- $599,000
- Saugerties Esopus Creek Cabins 11 Cabins 4 Acres 12477
- Saugerties Esopus Creek Cabins 11 Cabins 4 Acres. Located in Saugerties on Esopus Creek with 4.1 acres you can rent out the cabins year round or for short term vacations. All Cabins have completely separate utilities. Only tw0 hours from NYC, these cabins would make the perfect second home rental .
- Contact: Greg Kardos
- Cell Number: (845)494-9200
- $1,100,000
- Pine Plains Estate 25 Acres 2 Homes 12567
- Contact: David Birch
- Cell Number: 518-928-7239
- $799,000
- Ghent Barn 165X45 6Acres 2 Apartments Open Space 12075
- Ghent Barn 165X45 6Acres 2 Apartments Open Space. This 165 x 45 huge barn was formerly for horses now has 2 apartments and is a combination home and home business on 6 acres of open land. Located on a quiet convenient to Chatham Village, the Taconic State Parkway and I-90 it also has a dramatic building site with full Catskill views for high end residence.
- Contact: David Birch
- Cell Number: 518-928-7239
- $499,000
- Hudson Multifamily 5 Units $55,800 Income 12534
- Hudson Multifamily 5 Units $55,800 Income. This 5 Unit multifamily is near the Hospital and is a great opportunity for rental income in prime Hudson location. Tenants pay all utilities, has had an energy upgrade and there is also extra land available.
- Contact: David Birch
- Cell Number: 518-928-7239
- $459,000
- Catskill NY Sidehall Colonial Auction Property 12414
- Catskill Multifamily 4 Units Auction Property. Auction Property Bid By 12-15-2019. Totally tastefully renovated Side Hall Colonial, in nice village setting. 4 bedrooms 1.5 baths. Contact David Birch at davidbirch7733@gmail.com for more information.
- Contact: David Birch
- Cell Number: 518-928-7239
- $269,000
- Spencertown Family Compound Main House Plus Guest House
- Spencertown Family Compound Main House Plus Guest House. This family compound has 1 main house plus a 4BR guest house . An unusual estate property offers gracious living with a great room, dining room, Kitchen, and guest bed room and large master suite on 5 manicured acres. The guest house has 4BR 2 1/2 BA and entertaining space with bar and large garage workspace on ground level that could be converted into living space.
- Contact: David Birch
- Cell Number: 518-928-7239
- $899,000
View Hudson Valley Multifamily Properties from the MLS
Selecting the Right Location
Predicting which areas are improving is not always easy. And other considerations are relevant. If you are managing the property yourself, proximity is an important consideration. Onsite efforts are often necessary for repairs, maintenance and supervision of individual units suggests a convenient location. Some second homeowners find that having income property in the area of their second home carries the additional benefit of allowing for deductions related to management.
Financing Multifamily Properties
While some investors may be able to finance individual purchases on their own, significant advantages accrue to financing options. Especially for newcomers to the multifamily enterprise, FHA financing may make multifamily properties particularly attractive. Owner occupancy can result in low down payments and rent free living as the rents pay the mortgage and allow for equity building. And in general bank financing is critical to building a portfolio of investment properties. Bank financing has additional tax advantages in the ability to deduct interest payments in addition to expenses, taxes, depreciation and operational costs.
Managing Multifamily Properties
The most profitable way to run multifamily properties is to manage and maintain them yourself. That is why individuals with expertise in construction, plumbing and electric can do exceptionally well. The ability to find professional maintenance and management assistance is a great boon to larger scale investors. As the number of units increase the costs of these professionals tends to become more favorable. And for tax purposes these costs are deductible.
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More Info About Hudson Valley Multifamily Real Estate
While 2 family homes are easier to manage than 3 or 4 family homes, they do not generate the higher incomes associated with multiple units. As you increase the number of units issues of financing and insurance become more complicated. HUD guaranteed financing is available for multifamily residences, up to 4 units. A special program insures up to 85% financing on properties with 5 or more units. In fiscal year 2012, the Department insured mortgages for 644 projects with 91,969 units, totaling $5.6 billion.
Although owner financing is sometimes available, it is important that you be clear about your financing options prior to searching for a property. Owners are more willing to consider self financing if you have a substantial cash down payment. Cash availability is also important if you are interested in foreclosures and bank owned properties or great deals and auction properties. You should meet with potential funding sources prior to exploring the availability of properties