$795,000
Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and… Read More two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area. All units are currently rented. Read Less
Listing Courtesy of Howard Hanna Rand Realty.
Listing Snapshot
Days Online
96
Last Updated
Property Type
Multi Family
Lot Size
0.13 Acres
Year Built
1938
Property Tax
$19,027
MLS Number
963813
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
Appliances & Equipment
Description: "Oven", "Refrigerator"
Basement
Description: "Partial"
Building
Building Area: 5912, Construction Materials: "Frame", Year Built: 1938
Cooling
Details: "None"
Floors
Flooring: "Carpet", "Linoleum", "Wood"
Heating
Heating: "Natural Gas", "Oil"
Lot
Acres: 0.13, Size: 5663
Property
Zoning: R-1
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Connected", "Electricity Connected", "Natural Gas Connected", "Phone Connected", "Sewer Connected", "Water Connected"
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Treesh Lucey

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