Description
An elegant and inspiring residential + commercial brick building on the central and most fashionable block of Warren St. in Hudson. The entire building has been meticulously restored by two very gifted and experienced taste makers to create exquisite apartments on the second and third floors and an expansive, high quality retail space on the first. The 2nd floor apartment walks out to an inviting terrace garden with stairs going down to a hard-to-find large off-street parking area. The 1st floor is a fashionable lifestyle store including a barber shop. Both residential units are sun drenched and well maintained with pleasing views. Any needed structural work has been done and all new mechanicals are in place. With long term solid tenants occupying all 3 floors, this is not only a gem of a building to own but also a highly profitable investment opportunity. It has an existing rent roll of $93,600 a year and a rare to find 5% cap rate before appreciation.
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4BEDS
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0.07ACRES
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2BATHS
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11/2 BATHS
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4,750SQFT
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$271$/SQFT
Description
An elegant and inspiring residential + commercial brick building on the central and most fashionable block of Warren St. in Hudson. The entire building has been meticulously restored by two very gifted and experienced taste makers to create exquisite apartments on the second and third floors and an expansive, high quality retail space on the first. The 2nd floor apartment walks out to an inviting terrace garden with stairs going down to a hard-to-find large off-street parking area. The 1st floor is a fashionable lifestyle store including a barber shop. Both residential units are sun drenched and well maintained with pleasing views. Any needed structural work has been done and all new mechanicals are in place. With long term solid tenants occupying all 3 floors, this is not only a gem of a building to own but also a highly profitable investment opportunity. It has an existing rent roll of $93,600 a year and a rare to find 5% cap rate before appreciation.
© 2020 Columbia Greene and Northern Dutchess MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2020-10-27T13:46:31.18.