Multi Family row with 10 units, plus garage rental in Stockport, just outside Hudson city limits. This property yields an 8% cap rate at ask. Municipal water and sewer, w plenty of off-street parking. Tenants pay for electric, some units pay for heating oil & gas, a few are paid by landlord.Wood floors throughout. 6 of the units have either been updated or deeply renovated. New windows, redone floors and a full paint job have been given to most units. New gutters/ downspouts have been added to all buildings, and most units have covered front porches. Located across from a park, where eagles fly, and includes a large shared backyard for socializing and kids play area...with plenty of additional parking in the rear as well. Tenants enjoy living here, and take good care of their apartments and the grounds.10 minutes to downtown Hudson/Amtrak, convenient to Fairview shopping, Art Omi, 35 min to Albany. Great opportunity for multiple unit investment.
The median home value in Stottville, NY is $220,500. This is lower than the county median home value of $390,000. The national median home value is $338,100. The average price of homes sold in Stottville, NY is $220,500. Approximately 27.96% of Stottville homes are owned, compared to 45.13% rented, while 26.91% are vacant. Stottville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stottville real estate agent to arrange a tour today!
Stottville, New York has a population of 1,196. Stottville is more family-centric than the surrounding county with 27.08% of the households containing married families with children. The county average for households married with children is 22.64%.
The median household income in Stottville, New York is $47,348. The median household income for the surrounding county is $73,065 compared to the national median of $69,021. The median age of people living in Stottville is 40.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 41.9 inches per year, with 42.7 inches of snow per year.