550-552 Columbia Street

Description

Welcome to Ellanora Townhouse, a rare four-unit investment opportunity in downtown Hudson, just one block from vibrant Warren Street. Set on a spacious double lot with a charming antique barn and off-street parking, this beautifully preserved 19th-century building is a stone's throw from the town's best shopping, dining, and attractions. Inside, you'll find one spacious two-bedroom apartment and three one-bedroom apartments, each filled with natural light. The long list of improvements includes updated plumbing and electrical systems, remodeled kitchens and bathrooms, and warm, thoughtful details like wooden cabinetry and tin ceilings. The fully fenced and landscaped backyard includes a classic red antique barn that offers versatile space for storage, a studio, or gatherings. Each unit has separate gas and electric meters, with tenants covering their own utilitiesan ideal setup for investors. Currently generating $7,650 per month, with all tenants on annual leases, Ellanora Townhouse provides flexibility whether you're seeking steady rental income, a live-plus-rent arrangement, or future development potential. There is also the option to purchase furnished for a seamless, turnkey transition. Situated across from a municipal parking area, the property offers added convenience for tenants and guests, while the generous backyard provides a rare sense of privacy in the heart of town. Hudson's Amtrak station is just a four-minute drive away, making this a prime choice for both weekenders and full-time residents. Ellanora Townhouse presents a rare chance to own in one of the Hudson Valley's most desirable communities.