Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Ideal investment opportunity, all brick 15-unit apartment building-no rent control, 12- 1 bedroom and 3-2 bedroom. Center of town location, convenient to transportation and shopping. Full occupancy, many long-term tenants. Gross yearly income approx. $222,100 a year (included is $700 per year laundry). Approx. yearly expenses: Tax $30,350, Insurance $8,450, Heat, Hot water and Common Area Electric $7,900, Water $1,900, Snow/Landscaping $1,800. Total approximate expense: $50,000 Approx. Net income Approx. 172,100. 6 cap! Numerous upgrades such as new furnace and stainless-steel chimney 2018, upgraded electric panels 2014, all smoke/carbon detectors replace 2020, renovations to numerous apartments, bathrooms, and kitchens. Roof recoated 2019. Gas heating system, 16 separate gas & electric meters. Recently State inspected May 2022.
Features & Amenities
Interior
-
Total Bedrooms
N/A
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Bathrooms
N/A
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Pet friendly
N/A
Exterior
-
Garage
No
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Pool
No
Area & Lot
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Property Type
Residential Income
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Property Sub Type
Mixed Use
Price
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Sales Price
$2,500,000
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Sq. Footage
N/A
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Price/SqFt
N/A
HOA
-
Association
No
School District
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Elementary School
N/A
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Middle School
N/A
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High School
N/A
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Location
County
HUDSON
Elementary School
Middle School
High School
Listing Courtesy of Jan Kwapniewski , Coccia Realty Better Homes & Gardens
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