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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.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$985,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,474 | $5,046 | $6,650 |
Total Monthly Payment | $4,566 | $5,138 | $6,742 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.