177-181 Main St
Listing Notes
Rare opportunity to own a 23-unit multifamily portfolio in Hudson Falls, NY, just minutes from Glens Falls. The property consists of three buildings with a mix of one- and two-bedroom units, along with off-street parking. The portfolio produces strong in-place income and offers additional upside through rent increases and expanding utility billbacks. A majority of units are currently below market, and several leases are month-to-month, allowing for flexibility for near-term lease adjustments. Hudson Falls continues to draw tenants looking for more affordable housing options while remaining close to Glens Falls and surrounding employment centers, supporting consistent demand. Well-suited for investors looking for a stabilized asset with the ability to grow income over time.
Price in context
Asking 10% below the median of what is listed nearby right now.
Where it is
For sale Coming soon Recently sold— zoom out for more