177-181 Main Street, NY 12839
- $2,700,000
- 25
- BD
- 23
- BA
- 15,346
- SqFt
- List Price
- $2,700,000
- MLS#
- 202616961
- Style
- Apartment 4 Plus Unit
- Bedrooms
- 25
- Bathrooms
- 23
- Subdivision
- Select One
Property Description
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.
Additional Information
- Taxes
- $21,032
- Acres
- 1.30
- Lot Description
- Cleared, Road Frontage
- School District
- Hudson Falls
- Heating
- Electric, Baseboard, Hot Water
- Exterior Features
- None
- Construction
- Block, Stone, Wood Siding, Vinyl Siding
- Parking
- Off Street
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Listing courtesy of listing agent Jerid Meagan with Principles 2019 LLC Brokerage, 518-330-3160.
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