Refer to Property No.: 85271

• Turnkey Investment Opportunity
• (Four) 2+ Bedroom Apartments
• All Separately Metered
• High Demand Rentals
• Convenient to Hospital
• Off Street Parking
• Coin Operated Laundry
• Fully Rented











Have you been looking for a more reliable investment opportunity than the roller coaster ride that the Stock Market has become? Than look no more and feast your eyes on this tried and true money maker. From the day of closing you will begin to receive a nice return on your investment, as this building is currently fully rented with some of the tenants being long term renters in this location.

This well-built complex is really two nicely preserved side-by-side duplexes located just two blocks from Columbia Memorial Hospital, downtown Hudson antique shops and restaurants, as well as Greenport conveniences. That makes them rentals that are in high demand; the current owner insists that vacancies are rare and easy to fill. Additionally there is off street parking and coin operated laundry in the basement for the tenants' convenience.

The apartments are large and bright with two bedrooms, a living room, dining room, full bath and eat-in-kitchen. If you choose to use the living room as a large bedroom and the dining room as a living room then it becomes a very nice three bedroom apartment. Original details such as built-in cabinets and drawers add a little bit of character. Front and rear entrances allow for easy access to the street or to off street parking in the rear of the building.

Utilities are all separately metered for gas and electric including a fifth meter for common areas. There is municipal water and sewer billed quarterly and currently is approximately $1,680.00 annually. Separate gas-burning furnaces for each unit and circuit breaker panel boxes allow for easy maintenance access. The overall building is in good condition with relatively low annual maintenance requirements.

Start earning on your investment! Currently each apartment is rented for $700.00 per month. Additional incomes of $100.00 (approximately) per month can be realized from the coin operated washer and dryer in the basement. An income and expense accounting is available upon request.

Let your money work for you; invest in real estate for just $299,000!

$289,000!

Refer to Property No.: 85271

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