62 2nd Street, Athens, NY 12015
sale
$950,000
|
Other
Courtesy Of Keller Williams Realty Hudson Valley North
Welcome to an exceptional investment opportunity in the charming riverfront Village of Athens, where historic character meets modern upgrades. This beautifully restored five-family brick building has been thoughtfully renovated from top to bottom, offering investors a true turnkey property with strong cash flow and long-term value. Between 2021 and 2022, the property underwent an extensive gut renovation, with the exception of Apartment 2, preserving its charm while modernizing the remaining units with updated systems, finishes, and amenities. The result is a meticulously maintained, income-producing asset that blends timeless architecture with today's conveniences. Fully occupied with reliable tenants, this property delivers an excellent cap rate and immediate income from day one. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is the type of investment that rarely becomes available--well maintained, fully leased, and positioned for continued appreciation. Located in the heart of the vibrant river town of Athens, residents enjoy walkable access to restaurants, coffee shops, boutiques, parks, and the Hudson River waterfront. Just minutes to Hudson via ferry, Amtrak, Catskill, Coxsackie, and the NYS Thruway, the location offers the perfect blend of small-town charm and easy access to the Capital Region and Hudson Valley. A proven money maker with quality renovations, strong occupancy, and outstanding income potential--this is an investment property you won't want to miss.
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Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- MLSID: 20264167
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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