45-49 8th Street Street, Hudson, NY 12534

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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 one bedroom apartment, and the huge house-like two bedroom apartment are currently vacant. Cafe Mutton, M&Js Hair Studio, the art 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&Js 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.

45-49 8th Street Street | MLS# 20253254

This multi-family property located at 45-49 8th Street Street, Hudson, NY 12534 is currently listed for sale with an asking price of $1,595,000. 45-49 8th Street Street is located within the Hudson Schools school district. Search Hudson real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Gas
Heating: Baseboard, Natural Gas
Lot Size: 0.07 Acres
Roof Type: Asphalt, Rolled/Hot Mop, Shingle
Taxes: $14,596
Year Built: 1844

Feature Descriptions

Appliances: Washer/Dryer, Refrigerator, Gas Range, Dishwasher
Days on Site: 238
Exterior: Brick, Wood Siding
Flooring: Carpet, Tile, Wood
Laundry: In Unit
Parcel #: 110.53-2-27 and 110.53-2-28
Sewer: Public Sewer
SQFT Total: 7290
Tenant Pays: All Utilities
Units: 6

Local Schools

School District: Hudson Schools

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Estimated Payment

$ 5,231.32 per month $3,549.78 Principal & Interest $1,216.33 Property Tax $465.21 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Anderson Agency

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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