Hudson Multifamily 5 Units $55,800 Income, 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. RR: 850, 700, 1100, 1000, 1000
Hudson Multifamily 5 Units $55,800 Income
Located alongside the Hudson River from which it gets its name, Hudson is a bustling center of commerce at the heart of Columbia County. Hudson New York Real Estate is the hottest market bordering with Claverack, Greenport, Catskill and Greene County. Its Amtrak station is very attractive to relocating New York City residents who find the 2 hour trip to New York a good substitute for living in the Big Apple.
Hudson New York Real Estate and its famous Warren Street attracts New York City second home owners, retirees and young people seeking the advantages of urban rural life. It has recently been identified by Hudson Valley magazine as one of the 10 top towns in the Hudson Valley.
According to the U. S. Census for 2000, the city has a total area of 2.2 square miles square miles and a population of 7,524 people, 64% white. The median income for a household is $24,279 and the per capita income for the town is $15,759.
Hudson, originally known as “Claverack Landing,” was settled by New England whalers and merchants and was chartered as a city in 1785. The city grew rapidly and by 1790 was the 24th largest city in the United States. As late as 1820, it was the fourth largest city in New York State.
Hudson Multifamily 5 Units $55,800
In the late 19th and first half of the 20th century, Hudson became notorious as a center of vice, especially gambling and prostitution, boasting more than 50 bars. In 1951 raids during Governor Dewey’s tenure ended much of the vice. Hudson experienced a steep decline in the 60s and 70s. A group of antiques dealers opened shops, eventually numbering 70, on the city’s main thoroughfare, Warren Street, in the mid-1980s.
Hudson’s recent rise began in the 1980s with an influx of antique dealers. The outstanding housing stock, including many brick buildings of architectural significance helped spur the revival. With skyrocketing housing value on Warren Street and adjoining residential areas many residents of entrepreneurs have realized substantial profits. The City has also attracted a variety of upscale restaurants, boutique hotels, small businesses relocating from metropolitan New York.
Following this business revival, the city experienced a residential revival as well, and is now known for its active arts scene, antiques shops, restaurants, art galleries and nightlife. In recent years Hudson New York real estate values have steadily increased. In the past year these values have jumped considerably.
For more information on Hudson Multifamily 5 Units $46,200 Income call 800-398-8802.
For more information on the City of Hudson click here.
For more information on Columbia County click here.
- Address: Hudson, New York
- Price: $459,000
- Property ID: 4980
- Town Taxes: 4809
- School Taxes: 5084
- Other Taxes: extra lot: 337 +356
- Prop. Class: Multifamily
- County: Columbia
- Schools: Hudson
- Contact: David Birch
- Agent Title: Broker
- Cell: 518-928-7239
- Brokerage: Hudson
- Phone: 518-822-0226
- Town: Hudson
- Units: Appliances incld. 5 new Furnaces
- Unit Details: 3 1BR, 1 BA, K, LR. 2 2BR, 1 BA, K LR.
- Income: $55,800.00 yearly
- Heating: Tenant Pays
- Electric Utl: Tenant Pays
- Unit 1: