Poughkeepsie NY, 12601
$800,000
Single Family
For Sale
8 Beds
, 8 Full Bath
Details
ML#: 802481
- Style: Colonial, Victorian
- # of Families: 4
- Year Built: 1920
- Taxes: $16,525
- Status:Active
Description
Amazing opportunity to own a fully renovated 4-Family home in the heart of Downtown Poughkeepsie. Each unit features 2 bedrooms and 2 full baths with current gross income of $100K! Complete exterior renovations, new 100 year Vermont slate roof, separate gas & electric meters for all units, updated electric, 2 in 1 Navien on demand boilers, high efficiency heat pump for largest unit, luxury vinyl plank flooring, exposed brick walls, updated kitchens and baths and ample parking for tenants. Little to no deferred maintenance, not an easy find when it comes to investment properties! Still some room to grow rents further. Current NOI at $70K puts current list price at an aggressive 8.75% CAP! Municipal water, sewer and natural gas. Excellent location, minutes to Downtown Poughkeepsie, Walkway Over the Hudson, Marist College, Culinary Institute of America, hospitals, schools, shopping, culinary grade restaurants and more! Rare finds like this don’t come around often, reach out today!
More Property Details
Bedroom: 8
Full Bath: 8
Lot Size: 0.14
Lot Sq Ft: 6098
Parking Spaces: Yes
Parking Spaces: 8
Heat: Baseboard, Electric, Heat Pump, Natural Gas
A/C: Ductless, Separate Meters
Water: Public
Sewer: Public Sewer
Taxes: $16,525
Maintenance: $600
Listing Information provided courtesy of
Keller Williams Realty Partner
914-962-0007