Apartments For Sale
3,498 Sq Ft
Massive six unit apartment building on beautiful tree-lined Allen Street. Building is a fixer upper, but all six units are occupied and functioning. All tenants are month to month and pay their own heat. Update the units and keep as a six unit, or convert the property back to the deluxe two family it once was. Great AirBnB possibilities as well. Polish this gem and help complete the renaissance of this block in Hudson. 2 blocks to Amtrak and close to everything Hudson has to offer. Great Catskill views.
This property is in Hudson's Historic District and may qualify for Historic Preservation Tax Credits of up to 1/3 of your construction cost and is also located in an Opportunity Zone which has even great benefits than a 1031K Exchange. - Properties purchased with or restored with capital gains and held for ten years or more, can have capital gains taxes completely eliminated (speak with you accountant to confirm if you and this property are eligible).