Two-Unit Property with Remodeled Second
73 John Street Hudson Falls, NY 12839
73 John Street, Hudson Falls, NY, 12839
$295,000
For Sale
$295,000
Fully vacant two-unit property with off-street parking; second unit remodeled in 2025 and includes 3 bedrooms and 1.5 baths.
Property Size2,193 SF
Price / SF$134.52
Days on Market198
Property Features for 73 John Street
General Information
- Standard status
- Active
- Size
- 2,193 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1880
Listing agency
Howard Hanna
(518) 772-8787
Listed by
Alison Marie Holmes · License #10401373835
(518) 772-8787
Source
Compass
Added: Jan 5 Updated: Jul 20 at 7:43PM Checked: Jul 21 at 8:38AM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This fully vacant, two-unit property offers updated finishes and flexible occupancy. The second unit was completely remodeled in 2025 and features 3 bedrooms and 1.5 bathrooms, with final finishing touches currently underway and completion expected within the next few weeks. The remainder of the home was remodeled in 2022, updating the finishes while maintaining its charm.
Located at 73 John Street in Hudson Falls, the property is described as being in the heart of town, steps from Main Street. The central setting supports walkable access to shops, dining, schools, and local amenities, and the home includes off-street parking.
With both units vacant, the property can be occupied immediately or prepared for new tenants, depending on the buyer’s plans.
Located at 73 John Street in Hudson Falls, the property is described as being in the heart of town, steps from Main Street. The central setting supports walkable access to shops, dining, schools, and local amenities, and the home includes off-street parking.
With both units vacant, the property can be occupied immediately or prepared for new tenants, depending on the buyer’s plans.
Key Highlights
- Fully vacant two‑unit property in Hudson Falls with off‑street parking
- Second unit was remodeled in 2025 and includes 3 bedrooms and 1.5 bathrooms
- Remainder of the home remodeled in 2022 with updated finishes
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.2k | $17.40 |
| − Vacancy | −$1.9k | −$0.86 |
| EGI | $36.3k | $16.54 |
| − OpEx | −$10.9k | −$4.96 |
| NOI | $25.4k | $11.58 |
2,193 SF · lease $17.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$362.7K
$317.4K – $423.2K
NOI $25,391 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$323.4K
$283.0K – $377.3K
NOI $22,640 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$544.1K
$476.1K – $634.8K
NOI $38,085 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully vacant two-unit property with off-street parking; second unit remodeled in 2025 and includes 3 bedrooms and 1.5 baths.
Where is this duplex located?
The property is located at 73 John Street Hudson Falls, NY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Fully vacant two‑unit property in Hudson Falls with off‑street parking; Second unit was remodeled in 2025 and includes 3 bedrooms and 1.5 bathrooms; Remainder of the home remodeled in 2022 with updated finishes
