178 Main St Hudson, NY 12534
Estimated payment $2,332/month
About This Home
Discover an exceptional investment opportunity with this spacious, fully updated three-unit property offering over 3,500 square feet of living space. Designed for both strong current returns and future income growth, this turnkey asset is ideal for investors seeking immediate cash flow with upside potential. Or owner occupants looking to offset living expenses. The building features three well-maintained and thoughtfully updated apartments:
Unit 1: Generous 3-bedroom, 1.5-bath layout
Unit 2: Comfortable 2-bedroom, 1-bath unit Unit 3: Efficient and desirable 1-bedroom, 1-bath unit
Two units are currently rented with leases in place. All units are clean and updated minimizing upfront expenses and vacancy concerns. A newer boiler adds peace of mind and operational efficiency.
Conveniently located just 15 minutes from Hudson and Amtrak, and only 2 minutes from the Taconic State Parkway, this property offers excellent accessibility for commuters and tenants alike--enhancing its long-term rental appeal.
With strong in-place income and room to increase rents over time, this is a high-performing, low-maintenance investment in a desirable location. A rare opportunity to acquire a fully operational, income-producing property that's ready to deliver from day one.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,171
Year Built
- Built in 1890
Parking
- Off-Street Parking
Home Design
- 3,503 Sq Ft Home
- Triplex
- Stone Foundation
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Range
- 17,424 Sq Ft Lot
Community Details
- 3 Units
- Operating Expense $18,285
Listing and Financial Details
- Legal Lot and Block 113.9 / 3
- Assessor Parcel Number 38
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,251 | $150,000 | $33,900 | $116,100 |
| 2023 | $3,229 | $150,000 | $33,900 | $116,100 |
| 2022 | $3,252 | $150,000 | $33,900 | $116,100 |
| 2021 | $3,852 | $150,000 | $33,900 | $116,100 |
| 2020 | $4,270 | $160,000 | $23,000 | $137,000 |
| 2019 | $3,461 | $160,000 | $23,000 | $137,000 |
| 2018 | $3,461 | $160,000 | $23,000 | $137,000 |
| 2017 | $3,517 | $160,000 | $23,000 | $137,000 |
| 2016 | $3,387 | $160,000 | $23,000 | $137,000 |
| 2015 | -- | $160,000 | $23,000 | $137,000 |
| 2014 | -- | $160,000 | $23,000 | $137,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $390,000 | +62.5% | $111 / Sq Ft | |
| 10/12/2021 10/12/21 | Sold | $240,000 | -15.8% | $69 / Sq Ft | View Prior Sale |
| 06/05/2021 06/05/21 | Pending | -- | -- | -- | |
| 05/12/2021 05/12/21 | For Sale | $285,000 | -- | $81 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20261677
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