Sharon FronkRealtor® · Howard Hanna
LoadingHudson Falls, NY 12839 · Washington County
This is a multifamily portfolio in Hudson Falls, in the Hudson Falls school district, listed at $2,700,000 and dating to 1798. Per the remarks, it comprises 23 units across three buildings with a mix of one- and two-bedroom apartments and off-street parking. The remarks note in-place income with upside through rent increases and utility billbacks, a majority of units below market, and several month-to-month leases that allow near-term adjustments. The location is cited as minutes from Glens Falls, and the listing is framed as a stabilized asset for investors.
Rare opportunity to own a 23-unit multifamily portfolio in Hudson Falls, NY, just minutes from Glens Falls. The property consists of three buildings with a mix of one- and two-bedroom units, along with off-street parking. The portfolio produces strong in-place income and offers additional upside through rent increases and expanding utility billbacks. A majority of units are currently below market, and several leases are month-to-month, allowing for flexibility for near-term lease adjustments. Hudson Falls continues to draw tenants looking for more affordable housing options while remaining close to Glens Falls and surrounding employment centers, supporting consistent demand. Well-suited for investors looking for a stabilized asset with the ability to grow income over time.
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Hudson Falls is in Washington County, NY. There are currently 16 active listings here, ranging from $34,900 to $2,700,000. Listings in this address fall under the Hudson Falls school district. Priced 919% above the Hudson Falls median of $264,900.
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Principles 2019 LLC · Listed by Jerid Meagan (23114)
Contact: 518-330-3160
MLS #202616961 · Source: Global MLS, Inc.
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Licensed Real Estate Salesperson · Howard Hanna
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Real numbers from current MLS data. Not a third-party estimate.
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