$899,000
Turnkey investment opportunity delivering an 8.7% cap rate in Poughkeepsie’s Campus Development (CD) District. This well-maintained 5-unit mixed-use building features (3) 1-bedroom apartments, (1) 2-bedroom apartment, and 1 commercial space, just one block from Vassar Brothers Medical Center. The sale also includes a separately deeded 0.11-acre parking lot on Franklin… Read More Street, providing added convenience and long-term value for tenants. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with room for future upside. Financials available upon request—an ideal opportunity for investors seeking a stable, income-producing asset in a prime growth corridor. Read Less
Listing Courtesy of Serhant LLC.
Listing Snapshot
Days Online
338
Last Updated
Property Type
Multi Family
Year Built
1900
Property Tax
$18,548
MLS Number
883669
30 Days Snapshot Of 12601
$397k
+4%
(avg) sold price
10
-37%
homes sold
104
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: "Unfinished"
Building
Building Area: 5763, Construction Materials: "Frame", Year Built: 1900, Effective Year built: 1900
Cooling
Details: "Wall/Window Unit(s)"
Heating
Heating: "Baseboard", "Electric", "Natural Gas"
Lot
Features: "Level", "Paved", Acres: 0.21
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected", "Sewer Connected"
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Treesh Lucey

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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers' personal, non-commercial use. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of OneKey MLS.

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