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Seller's Agent in 2015
Paul DeCrosta
Coldwell Banker Advisor Realty
Estimated Value: $1,132,931
Investment opportunity move-in clean housing in Hudson. The cash flow works on this one! Six (6) very-nice 1BR apartments. The kitchens & baths are minimal but clean & in good condition. There are modern hi-efficiency heat-pump hot water heaters for each unit and a high efficiency gas hot water furnace that heats the whole building. Gross rent is $48,000 and there is room to improve the rental income. Asking price is just 5.6 times gross at $45,000/unit. Cash-flow projections include a management fee, M&R allowance of 10%, vacancy & debt service with a cash profit after all is paid! Call for details. 5 units are rented & seller is holding 6th vacant for easy inspection. Each apartment has 1 BR, a small EIK, full bath & LR. Each has separate electric. Heat is included in all rents ($675 for 5 units and $625 for 1 unit). Nice uptown location. Invest for the cash-flow or the Hudson location: with some upgrades & improvements there is high upside potential.
Last Agent to Sell the Property
Paul DeCrosta
Coldwell Banker Advisor Realty Listed on: 07/20/2015
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Black Bridge Realty Llc | $780,000 | None Available | |
| 44 North Sixth Street Llc | $255,000 | -- | |
| Riverview Assoc Of Hudso N Llc | $105,000 | Carl G Whitbeck, Jr. |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Black Bridge Realty Llc | $585,000 | |
| Previous Owner | 44 North Sixth Street Llc | $256,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2015 11/09/15 | Sold | $255,000 | -5.6% | $60 / Sq Ft |
| 08/24/2015 08/24/15 | Pending | -- | -- | -- |
| 07/20/2015 07/20/15 | For Sale | $270,000 | -- | $64 / Sq Ft |
| 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 | $13,674 | $640,000 | $13,500 | $626,500 |
| 2023 | $13,490 | $640,000 | $13,500 | $626,500 |
| 2022 | $11,212 | $640,000 | $13,500 | $626,500 |
| 2021 | $9,631 | $640,000 | $13,500 | $626,500 |
| 2020 | $5,325 | $300,000 | $13,500 | $286,500 |
| 2019 | $5,132 | $300,000 | $13,500 | $286,500 |
| 2018 | $5,132 | $255,000 | $13,500 | $241,500 |
| 2017 | $4,725 | $255,000 | $13,500 | $241,500 |
| 2016 | $4,530 | $255,000 | $13,500 | $241,500 |
| 2015 | -- | $210,000 | $13,500 | $196,500 |
| 2014 | -- | $210,000 | $13,500 | $196,500 |
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Seller's Agent in 2015
Paul DeCrosta
Coldwell Banker Advisor Realty
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 104420
APN: 100600-110-053-0002-012-000-0000