Listing Detail #153606 — Multi Family

Multi Family row with 10 units, plus garage rental in Stockport, just outside Hudson city limits. This property yields an 8% cap rate at ask. Municipal water and sewer, w plenty of off-street parking. Tenants pay for electric, some units pay for heating oil & gas, a few are paid by landlord.Wood floors throughout. 6 of the units have either been updated or deeply renovated. New windows, redone floors and a full paint job have been given to most units. New gutters/ downspouts have been added to all buildings, and most units have covered front porches. Located across from a park, where eagles fly, and includes a large shared backyard for socializing and kids play area...with plenty of additional parking in the rear as well. Tenants enjoy living here, and take good care of their apartments and the grounds.10 minutes to downtown Hudson/Amtrak, convenient to Fairview shopping, Art Omi, 35 min to Albany. Great opportunity for multiple unit investment.