233 Columbia Street, #235, Hudson, NY, 12534 | $749,000
Prime Investment & Development Opportunity in Hudson NY !Attention investors, builders, and developersdon't miss this rare chance to own a value-packed property with serious upside in one of Hudson's fastest-growing neighborhoods! 233 & 235 Columbia Street is a unique package deal offering two parcels with separate tax IDs (109. 44-1-59. 1 & 109. 44-1-61), including a fully rented 4-unit multifamily building plus an adjacent vacant lot. With rental income in place and tons of potential for expansion, renovation, or new construction, this property offers flexibility for a wide range of investment strategieslive/rent, renovate and flip, or build new multi-unit housing or commercial space (with proper approvals). Highlights: Four-unit building with solid stone foundationSeparately metered units, each with private entrancesCurrent gross income: $3, 225/monthThree updated units; one unit ready for full renovationFull walk-up attic = potential for more living spaceNatural gas availableOff-street parking for 4 vehiclesFenced backyard with outdoor spaceBonus: Adjacent vacant lot offers expansion or development optionsLocation, Location, Location!Just minutes from the Hudson Amtrak Station (2 hrs to NYC), Waterfront Park, and vibrant Warren Street filled with restaurants, bars, boutiques, galleries, and the popular farmers market. High rental demand and ongoing neighborhood revitalization make this an ideal opportunity for those seeking long-term growth or short-term return. Sold as a package. Proof of funds required prior to showing. 48-hour notice required; not all units may be shown on first visit. Whether you're looking to renovate, flip, expand, or buildthis property checks all the boxes. Let me know if you want a version tailored to a specific buyer type (e. g. residential developers or mixed-use builders), or if you'd like help with a headline or marketing email!48 hr. minimum notice to see apartments because of tenant's schedule Tuesdays and weekends are best for showings &nbs
Features
- Bedrooms: 6
- Baths: 4 full
- Units: 4
- Year Built: 1900
- Heating: Electric
- Basement: Concrete,Dirt,Full,Unfinished,Exterior Entry,Interior Entry,Walk-Up Access
- Approx Sq. Feet: 3,193
- Acreage: 0.26
- School District: Hudson
- MLS#: 156790
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/156790/233columbiastreet_hudson_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
233 Columbia Street, #235, Hudson, NY, 12534
$749,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,787 | $3,936 | $5,016 |
| Total Monthly Payment | $3,879 | $4,028 | $5,108 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535