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.
Listing By
Agency Name: Principles 2019 LLC
Agency Phone: 1 518-330-3160
Shown By
Agent Name: Harold Baldwin
Agent Phone:
Agency Title: CKM Team Realty
Estimated Payment
$ 8,549.20 per month $6,009.03 Principal & Interest $1,752.67 Property Tax $787.50 Homeowner's Insurance
177-181 Main Street | MLS# 202616961
This multi-family property located at 177-181 Main Street, Hudson Falls, NY 12839 is currently listed for sale with an asking price of $2,700,000. 177-181 Main Street is located within the Hudson Falls school district. Search Hudson Falls real estate on www.newyorkcliftonparkhomes.com today.