Investment Overview
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 five paying tenants. The property has benefited from numerous recent improvements, helping reduce near-term capital expenditure requirements. 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.
Investment Highlights
- 5-unit multifamily investment opportunity
- Fully occupied with five paying tenants
- Recent capital improvements completed
- Newer roof reducing near-term capital expenditure needs
- Separately metered units
- Electric baseboard heat minimizes landlord utility expenses