HUDSON VALLEY MULTIFAMILY REAL ESTATE FOR INVESTMENT
Hudson Valley Multifamily Properties are becoming increasingly popular. Individuals see the regular income flow from these properties as a positive factor. If selected in the right areas, they also can appreciate considerably over time. Predicting which areas are improving is not always easy. The down side for some owners is the costs of maintaining and managing the properties. It takes a large number of units to justify an independent manager, which tends to eat in to the profits. For owners willing to live in one unit, free rent becomes an additional benefit.
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.
- Millerton Multifamily 10 Units $72,000 Gross 12546
- Millerton Multifamily 10 Units $72,000 Gross. With two buildings, one containing 6 units and the other 4 units, this income opportunity is in a prime location on Route 22. On 1 Acre of land with ample off street parking the net income for this multifamily property is $44,000, roi is 9.2%.
- Contact: David Birch
- Cell Number: 518-928-7239
- $475,000
- Catskill NY Convenience Apartments Great Location 12414
- Catskill NY Convenience Apartments Great Location 12414 - 3500 SF great investment opportunity for operating convenience store and apartments.
- Contact: David Birch
- Cell Number: 518-928-7239
- $349,000
- Catskill NY Restaurant Apartments Great Location 12414
- Catskill NY Restaurant Apartments - great location. Great opportunity for cozy restaurant, fully equipped, money making location.
- Contact: David Birch
- Cell Number: 518-928-7239
- $349,000
- Cairo Multifamily 3 Units, Gross Income $19,750 12413
- Cairo Multifamily 3Units 12413, Gross Income $19,750 12413 Great opportunity 3 units in Village, renters pay utilities, house in good shape.
- Contact: David Birch
- Cell Number: 518-928-7239
- $169,000
- Cairo Multifamily 19 Units Rents 136K 12405
- Cairo Multifamily 19 Units Rents 136K. The main house has 8 units containing 1 to 3BR units, 2nd unit contains 8 Studio units, duplex with two 2 BR, a 2 BR cottage, 1.5 garage spaces, current rents are 58K on 4.7 acres with room to expand.
- Contact: David Birch
- Cell Number: 518-928-7239
- $750,000
- Catskill 4 Unit Commercial Great Location 12414
- Catskill 4 Unit Commercial Great Location. This 4 Unit Commercial property is a great income opportunity in a hi traffic location. With 2 Storefronts, and 2 apartments the current income is $40,000 with possibility of upgrades.
- Contact: David Birch
- Cell Number: 518--928-7239
- $225,000
- Hudson NY Rehab 2000SF 2 Levels Attractive Facade 12534
- Hudson NY Rehab 2000SF - 2 Levels Attractive Facade 12534. Historic market building, currently two family, many possibilities and owner says "sell!".
- Contact: David Birch
- Cell Number: 518-928-7239
- $199,000
- Cairo Multifamily 4 Units Plus Garage 12413
- Cairo Multifamily 4 Units Plus Garage. This is a great income opportunity, with new boilers and hot water hears and the possibility of owner financing. Within walking distance to the Village of Cairo and affordable.
- Contact: David Birch
- Cell Number: 518-928-7239
- $185,000
- Cairo NY Multifamily 4Unit 2BR 11% Cap Rate 12482
- Cairo NY Multifamily 4Unit 2 BR 11% Cap Rate 12482. Clear money maker with possible expansion opportunity with a second building.
- Contact: David Birch
- Cell Number: 518-928-7239
- $259,000
- Hyde Park 2 Houses and Antique Barn Bring Your Imagination 12538
- Hyde Park 2 Houses and Antique Barn Bring Your Imagination 12538. Great opportunity for living and working in convenient Hyde Park residential area. Two separate houses joined by large old barn on 1.3 acres.
- Contact: David Birch
- Cell Number: 518-928-7239
- $375,000
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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