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Listed by: Anderson Agency

$1,695,000

Est. payment - /mo

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5 Beds

7,290 SqFt

Active

45-49 8th Street ST Hudson, NY 12534

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,290 sqft

Price per Sqft $232

MLS Listing ID 20253254

Bedrooms 5

Year Built 1844

Annual Tax Amount $14,596

Tax Year 14596

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Multi Family

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Property Description

This six-unit mixed-use building, located one block from Warren Street, is an absolute must see property for anyone interested in investing in Hudson, NY. Home of Cafe Mutton, twice recognized by the James Beard Awards, and by Bon Appetit magazine, this beautiful building boasts a yearly pro forma gross rent of 159,000 dollars, against yearly pro forma carrying charges (taxes, insurance, water & sewer) of less than 24,000 dollars. The art studio, one bedroom apartment, and the huge house-like two bedroom apartment are currently vacant. Cafe Mutton, M&J's Hair Studio, and the smaller two bedroom apartment are currently under lease (some with renewal options) to long term, responsible tenants. The purchase will be subject to these current leases. As the photographs clearly show, all of the units have been renovated and are in excellent condition. Period details have been preserved throughout. The apartments are bright and sunny, all with two or three exposures. All the apartments have double paned windows. Tenants pay for their own gas and electricity. The building owner pays a set fee quarterly for water & sewer for each of the two buildings. The vacant apartments are clean and move-in ready. Call today for an appointment and grab this extraordinary opportunity! Real Estate Sales Agent owned. 45 8th Street: industrial art studio with full-sized roll up garage door to the sidewalk, multiple skylights, storage loft, toilet and slop sink, sprinklered, smoke & CO detectors 47 8th Street/Apt. 2: one bedroom duplex with one full bath with full-sized laundry plus 1/2 bath, sprinklered, smoke & CO detectors 47 8th Street/Apt. 3: two bedroom duplex with one bath plus 1/2 bath with full-sized laundry, hardwood floors throughout, sprinklered, smoke & CO detectors 49 8th Street/Apt. 1: huge two bedroom duplex with one full bath with both tub and shower, living room, dining room, breakfast nook with bay window, separate room with full-sized laundry, central air conditioning, hardwood floors throughout, sprinklered, smoke & CO detectors 757 Columbia: Cafe Mutton with 1/2 bath, commercial kitchen with code compliant ventilation hood and fire suppression system, antique bay windows, basement, central air conditioning, sprinklered, smoke & CO detectors 755 Columbia: M&J's Hair Studio with shampoo sinks, 1/2 bath, storage room, storage closet, central air conditioning, separate building and separate tax lot from the addresses above.

Location

State NY

County Columbia

Area Hudson

Zoning Business

Interior

Heating Baseboard, Natural Gas

Flooring Carpet, Tile, Wood

Laundry In Unit

Exterior

Roof Type Asphalt,Rolled/Hot Mop,Shingle

Building

Foundation Stone

Sewer Public Sewer

Schools

High Schools Hudson City Schools

School District Hudson City Schools

Others

Tax ID 110.53-2-27 and 110.53-2-28

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Omar Harper

Broker Associate

+1(845) 209-0133

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