223 Hudson St, Johnson City, NY 13790

Property Description

Turnkey student-housing investment generating $31,200 in annual gross rental income and currently leased through 2027, providing immediate cash flow from day one. The existing 4-bedroom, 2-bathroom layout offers additional upside with potential for a 5th bedroom conversion. Fully furnished and designed for students, the property features spacious common areas, generous bedrooms, an enclosed sun porch, stainless steel appliances, first-floor laundry plus additional basement laundry, ample storage, and a functional layout. A detached garage, off-street parking, and backyard add further value. Conveniently located near Binghamton University’s Decker College of Nursing and Health Sciences, BU bus routes, main campus, hospitals, shopping, and Downtown. With established rental income, leases secured through 2027, and potential to increase bedroom count and future revenue, this property offers an attractive opportunity for investors looking to expand their student-housing portfolio.