For Sale

Source: Columbia Greene and Northern Dutchess MLS #3yd-CGNDNY-125056

508 State St, Hudson, NY, 12534

$325,000

17
7
6132 sq. ft.
0.14 ac.

Other

30+ days on the market

What's around 508 State St

508 State 1st Floor - Hudson, NY

6 Unit Apartment House with a Bonus 3 Bedroom House in back on the Alley. All on a double lot. The apartment building suffers from years of deferred maintenance. Some structural issues have been addressed but there are still others that need solving. It might be more cost-effective to demolish part or all of the apartment building and start over. Free-standing house is in better shape than the larger building. This property is ideal for contractors, builders or developers who could get what's needed done at wholesale. It's not a small job. There is a full height basement that had previously been living space with windows and a walk out in back. If permitted, that space could add even more value to this property. Possible creative financing. Building is currently partially gutted with one ground floor unit in the apartment building occupied and the 3 bedroom rear house occupied. Five apartments in the building are vacant and mostly gutted.

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