For Sale
$399,000

149 Hudson StJohnson City, NY 13790

Five-unit apartment building, Johnson City, NY

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional investment opportunity presents a five-unit apartment building located at 149 Hudson Street in Johnson City, New York, 13790. The property, built in 1950, boasts a total of 2,352 square feet across two stories and sits on a 0.11-acre lot. The building is classified as Class B and features a mix of unit sizes: three two-bedroom units and two one-bedroom units, totaling eight bedrooms. Each unit benefits from separately metered electric and gas services, offering efficient utility management and potential for increased rental income. The asking price is $399,000, translating to $169.64 per square foot and $79,800 per unit. This represents a tremendous value-add opportunity, particularly given its prime location. The property is within walking distance of the new Pharmaceutical School and the UHS Complex, ensuring high occupancy rates and strong rental demand. Its proximity to Grand Avenue further enhances its desirability. The permitted zoning is Urban Multi-Family, allowing for potential future development or expansion. The property's recent updates contribute to its overall appeal and potential for immediate return on investment. This is a rare chance to acquire a well-situated, multi-family property in a thriving New York community.

Highlights

  • Five-unit, eight-bedroom apartment complex in a desirable Johnson City location.
  • Individually metered electric and gas utilities.
  • Convenient Grand Avenue location.

Property Details for 149 Hudson St

Property type
Apartment buildings
Square Feet
2,352 SF
Class
B
Year Built
1950
Buildings
1
Stories
2
Lot Size (sq. ft)
4,792 SF
Units
5

Location Insight

City
Johnson City
County
Broome
State
New York
Latitude
42.1107529
Longitude
-75.9594348
149 Hudson St, Johnson City, New York

FAQs

What type of property is this?
Apartment building - Five-unit apartment building, Johnson City, NY
Where is the apartment building located?
The property is located at 149 Hudson St Johnson City, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Five-unit, eight-bedroom apartment complex in a desirable Johnson City location.; Individually metered electric and gas utilities.; Convenient Grand Avenue location.
How can I contact the broker?
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149 Hudson St
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