1084-1086 E Hudson Street

This is a heavy value-add mixed-use opportunity in the Linden neighborhood, offered at $675,000. The property comprises thirteen 1BR/1BA residential units plus one ground-floor commercial storefront. Twelve of the thirteen residential units are delivered vacant, and buyers should underwrite a full gut-and-turn renovation budget across the vacant unit mix along with a realistic lease-up period . In-place income consists of one occupied residential unit at $700/month and the commercial suite, leased month-to-month to MetroPCS at $1,300/month. A recent appraisal concluded an as-is value of $800,000 for the residential component; the commercial suite was excluded from that valuation — pricing at $675,000 sits below that as-is appraised value. The upside is on the other side of renovation. CMHA's 2026 payment standard for a 1BR in ZIP 43211 is $980/month (effective 8/1/2026, inclusive of the tenant utility allowance and subject to rent reasonableness and HQS approval) — meaningfully ahead of the $700 in-place rent. A renovated unit mix leased to voucher holders supports a materially stronger rent roll, and because eleven of the twelve vacant units require no relocation, a new owner can execute the full turn and lease-up on its own timeline. Located in Linden, minutes from the Linden Community Center, I-71, and Easton Town Center, with COTA service along the corridor.