234 -240 WARREN STREET in Hudson, Hudson, New York, United States

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Home For Sale

$3,245,000

234 -240 WARREN STREET in Hudson
Hudson, New York, United States

Listed By: Listanza Services Group

Listed On: 06/09/2023

Listing ID: GL5294053 View More Details

Description

This pre-1850 Federal Era property, uniquely desirable for its size and dominating presence on the hottest stretch of historic downtown Warren Street, offers an exciting investment opportunity. Following extensive updates and renovation both inside and out, the two buildings currently generate significant cash flow, offering a welcoming decorative entryway, five street-level commercial spaces, and eight upgraded residential units, (five two-bed duplex and three studio apartments) . The owner apartment renovation displays period artisan details including wide oak flooring and original 1830's hand-hewn beams. An 8000 square foot back courtyard, (formerly a parking lot), is a unique oasis with maturing native trees, flowering shrubs, and perennials, with generous R R space. Expansion potential includes build out of additional living space over 10 parking spots on the alley. Buy for immediate investment return, or transform to your vision for highest and best use as short-term suites anchored by a lush and spacious outdoor courtyard. Surrounded by shops, restaurants, lounges, cafes, galleries, and maker studios, the location is just a short walk from Promenade Park and Amtrak. Very few properties in Hudson have the presence and historic continuity. Ref: 36508-20740891