Offered for sale is this well-positioned 5-unit apartment building located at 149–153 Hudson Street in Johnson City.
The building is currently occupied by four paying tenants, with one vacant unit projected at $1,000 per month, offering an immediate value-add opportunity for a new owner through lease-up and increased cash flow.
The property has benefited from numerous recent improvements, helping reduce near-term capital expenditure requirements. A newer roof provides additional peace of mind, while separately metered units with electric baseboard heat help minimize landlord utility expenses and simplify day-to-day management.
Located within Johnson City's rapidly expanding medical and educational corridor, the property is positioned just minutes from Binghamton University and United Health Services. Continued investment in healthcare, higher education, and surrounding employment centers supports strong rental demand and long-term growth potential.
Property Features
Cooling Information
None
Heating Information
Baseboard
Water Features
Public
Utilities
Cable Available
Parking
Driveway
Basement
Partial
School Information
School Information for 149-153 Hudson Street, Johnson City, NY 13790