Address: 65 Main Street, Hudson, Massachusetts, US
Created date: February 21, 2024
Date last updated: February 21, 2024
- 17,337 SF Storefront Retail & Residential
- (29) Residential & Four Commercial Units
- (21) Studio, (3) One Bedroom & (3) Two Bedroom Floor Plans
- Value-Add Opportunity Through Interior Renovations & Market Rents
- Recent Capital Improvements
- Assumable Loan with Freddie Mac
Property Description
Northeast Private Client Group® is pleased to present the Ironwood Building at 65 Main St in downtown Hudson, MA.
This three-story property built in approximately the 1900s is roughly 17,337 SF & includes storefront retail & residential apartments. There are (23) studios, (3) one-bedroom & (3) two-bedroom units for a total of 29 residential units, with four commercial storefronts right in downtown Hudson. Buyers can add value through interior renovations & market rents. Recent capital improvements include the gut renovation of (4) four units on Market St, new siding with improved insulation, new windows, new commercial washer/dryers, new carpet & lighting in the common areas, and a new security camera system.
The seller’s current loan with Freddie is assumable to a qualified buyer at a fixed rate of 5.06% with 185 months (approx. 15 years) left on the remaining term.
For a complete offering memorandum please reply to this email or contact our associates below. All interested and qualified parties will have the opportunity to tour the property during scheduled appointments & obtain additional information upon request.