208 Warren St 6 Unit Apartment Building $2,386,545 CAD ($397,757 CAD/Unit) 8.03% Cap Rate Hudson, NY 12534

For investors seeking ease of ownership and reliable returns, 208 Warren Street offers a fully gut-renovated six-unit building in Hudson’s walkable core. The property has been completely updated with all brand-new systems and clean, modern apartments featuring updated kitchens and baths, premium appliances, split-unit heat and A/C, and preserved architectural details where possible. A strong fit for 1031 exchange buyers or owner-operators, this is a straightforward asset that’s easy to underwrite and simple enough to self-manage.
A renovated entry with a chandelier leads to a restored original staircase serving two units per floor. The mix includes three one-bedroom and three two-bedroom apartments, with two of the larger units already leased. At the rear, a yard provides outdoor space for the ground-floor tenant along with two off-street parking spaces. Located just beyond the busiest stretch of Warren Street, the setting offers a quieter residential feel while remaining steps from shops, restaurants, and daily conveniences, with ample street parking nearby.
Hudson draws strong rental demand thanks to its vibrant mix of independent shops, galleries, and restaurants along Warren Street, supported by a growing local economy and year-round tourism. The property also benefits from excellent regional access, with the Hudson Amtrak station providing direct service to New York City and Albany, and convenient connections to Route 9 and the Taconic State Parkway.