Discover an exceptional investment opportunity in Hudson! 233 and 235 Columbia Street . This rare offering includes a 4-unit apartment building with an attached building lot( 2 seperate tax i. d. #), just two blocks from the picturesque Hudson River waterfront. These properties are sold together only , presenting endless potential for expansion and development. Property Highlights: Owned and well maintained by the same family for three generations. four separate metersUpdated Units: Two of the four apartments have been recently updated. Newer appliancesParking: Four dedicated parking spaces located at the rear of the building. Outdoor Space: Fenced-in backyard offering a private area for relaxation. Attached Lot: Expands possibilities for renovation or new construction (separate tax ID). Investment Potential: Development Opportunities: Renovate existing units Prime Location: Walk to Hudson River Waterfront Park, restaurants, bars, specialty shops, galleries, antiques, and fine dining, Warren St. Don't miss this unique chance to acquire a property that offers both immediate rental income and future development potential in one of Hudson's up and coming streets and walking distance to The Amtrak Train Station, 2hrs to NYC48 hrs. advanced notice needed for showings . Showings on Tues only . 3 of 4 apt. shown on 1st showing . Properties are only sold together; lot has a separate tax ID109. 44-1-59. 1 and 109. 44-1-61
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,281 | $3,281 | $4,267 |
Total Monthly Payment | $3,373 | $3,373 | $4,359 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.