Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 9 BR |
| Bathrooms: | 3 |
| Pets: | Pets No |
| Lot Size: | 0.08 Acres |
Financials
Listing Courtesy of Legacy Land & Homes LLC
High Yield 3 Unit Investment Property Near Vassar Brothers Medical Center.
- View of front of property
- Kitchen with black appliances, backsplash, white cabinets, and dark wood-style flooring
- Kitchen with white cabinetry, decorative backsplash, black appliances, dark wood-style flooring, and light stone counters
- Full bathroom featuring vanity, enclosed tub / shower combo, wood tiled floors, and tile walls
- Living room featuring dark wood finished floors and recessed lighting
- Unfurnished bedroom with healthy amount of natural light and dark wood finished floors
- Unfurnished bedroom with a closet, dark wood finished floors, and multiple windows
- Unfurnished bedroom with dark wood-style flooring and a closet
- View of front of house
- View of side of home featuring a gambrel roof
- Exterior details featuring gas meter
Description
High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property.
Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels.
Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand.
Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns.
Schedule a private tour today and capitalize on this income-generating investment!
Amenities
- Electricity Connected
- Natural Gas Connected
- Other
- Sewer Connected
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
