Rare opportunity to own a 23-unit multifamily portfolio in Hudson Falls, NY, just minutes from Glens Falls. The property consists of three buildings with a mix of one- and two-bedroom units, along with off-street parking. The portfolio produces strong in-place income and offers additional upside through rent increases and expanding utility billbacks. A majority of units are currently below market, and several leases are month-to-month, allowing for flexibility for near-term lease adjustments. Hudson Falls continues to draw tenants looking for more affordable housing options while remaining close to Glens Falls and surrounding employment centers, supporting consistent demand. Well-suited for investors looking for a stabilized asset with the ability to grow income over time.

Listing courtesy of Jerid Meagan of Principles 2019 LLC



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Last checked: 2026-06-03 08:01 PM UTC