Poughkeepsie, NY 12601

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 4 BR
Bathrooms: 4
Pets: Pets No
Lot Size: 0.07 Acres

Financials

Price:$550,000
Annual Taxes:$10,530
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of KW MidHudson

Description

LEGAL 4 FAMILY! Amazing investor or owner occupier investor opportunity in the heart of Poughkeepsie, minutes to Downtown and the Historic Disrict. Brick 4 family consisting of 1 bed, 1 bath units currently bringing in a current gross income of $68K with room to grow! Some updates made throughout the units with room to do more to grow the rents. All tenants currently month to month and one unit to be delivered vacant upon closing. Heat is currently paid by landlord, but with 4 separate electric meters, theres room to put that expense on the tenant. Current NOI of $48K after all expenses. Current list price is an 8% CAP. Excellent location, minutes to the Culinary, Poughkeepsie Train Station, Downtown, Poughkeepsie Tennis Club, Marist College, Walkway over the Hudson, culinary grade restaurants, shops, schools and more!

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath

LEGAL 4 FAMILY ! Amazing investor or owner occupier investor opportunity in the heart of Poughkeepsie, minutes to Downtown and the Historic Disrict.


    Long Island MLS

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    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.