Two-Unit Duplex with Updated
6 Parry Street #2, Hudson Falls, NY 12839
For Sale
$259,900
Two separate residences offer individual laundry areas, covered porches, and off-street parking.
Property Size2,146 SF
Price / SF$121.11
Days on Market49
Property Features for 6 Parry Street #2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
separate laundry facilities
off-street parking
covered porches
garage
fenced backyard
Solid Surface Counters
Built-in Features
Building Details
Building Size
Year Built
Listing Agency:
Hometown Area Realty LLC
(518) 744-0399
Listed By:
Rhonda Jarvis · License NY #10491212038
(518) 744-7026
Source:
Junellrealty
Added: Sep 27
Changed: Nov 12
Last Checked: Nov 13 at 5:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hometown Area Realty LLC
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Investment Insights
Based on property information with market context.
This 2,146-square-foot duplex in Hudson Falls contains two residences and was built in 1900. Recent work includes kitchen updates in both units, new flooring and windows, new electric meters, a water heater, and a rear roof. Each residence has its own laundry area and covered porch. A garage with an attached storage room adds space for equipment or recreational items, while a fenced backyard provides outdoor area.
The lower residence includes two bedrooms, a living room, dining room, bathroom, and an eat-in kitchen. The upper residence has three bedrooms, two bathrooms, a kitchen, laundry room, and storage. The property is zoned Multi Residence.
The lower residence includes two bedrooms, a living room, dining room, bathroom, and an eat-in kitchen. The upper residence has three bedrooms, two bathrooms, a kitchen, laundry room, and storage. The property is zoned Multi Residence.
Key Highlights
- Two‑unit property totaling 2,146 square feet
- Lower residence has 2 bedrooms; upper residence has 3 bedrooms and 2 bathrooms
- Separate laundry areas, covered porches, and off‑street parking for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,155
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,100
$443.1K
Cap Rate 7%
$316,500
$316.5K
Cap Rate 9%
$246,167
$246.2K
Market Conditions
NOI Build-Up for 2,146 SF
Gross rent
$42.5K $19.80/SF
− Vacancy
−$2.2K −$1.03/SF
EGI
$40.3K $18.77/SF
− OpEx
−$18.1K −$8.45/SF
NOI
$22.2K $10.32/SF
Area
Washington County, NY
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,100
Cap Rate 7%
$316,500
Cap Rate 9%
$246,167
Alternative Uses
Best Use
Multifamily LT 5
$355.0K
$310.6K – $414.1K
NOI $24,847 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$316.5K
$276.9K – $369.3K
NOI $22,155 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$532.4K
$465.9K – $621.1K
NOI $37,268 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
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Business Placement
Demographics for 12839, NY
13,618
Population
6,515
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
31.0 sq mi
ZIP Area
439
Density / Sq Mi
$70,006
Median Household Income
$41,545
Median Earnings
$1,018
Median Rent
$161,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Washington County, NY
Properties on Market for Duplexes in Washington County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer individual laundry areas, covered porches, and off-street parking.
Where is this duplex located?
The property is located at 6 Parry Street #2 Hudson Falls, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑unit property totaling 2,146 square feet; Lower residence has 2 bedrooms; upper residence has 3 bedrooms and 2 bathrooms; Separate laundry areas, covered porches, and off‑street parking for each residence
