Poughkeepsie NY, 12601
$600,000
Misc
For Sale
4 Beds
, 4 Full Bath
Details
ML#: 817405
- # of Families: 4
- Year Built: 1920
- Taxes: $10,247
- Status:Active
Description
Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.91 cap rate, with room to grow, pro forma at current market rent puts this over 10.0 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you’re a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it’s gone!
More Property Details
Bedroom: 4
Full Bath: 4
Lot Size: 0.1
Lot Sq Ft: 4356
Parking Spaces: Yes
Parking Facilities: On Street
Heat: Natural Gas, Radiant
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $10,247
School District: Warring Magnet Acad Of Sci & Tech
Listing Information provided courtesy of
Legacy Land & Homes LLC
845-206-9462