149 Hudson St, Johnson City, NY 13790

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.