Property
Ownership: | For Sale |
---|---|
Type: | Multi-Family |
Pets: | Pets No |
Lot Size: | 0.14 Acres |
Financials
Listing Courtesy of Legacy Land & Homes LLC
High Yield 6 Unit Investment Property in the Town of Poughkeepsie.

- View of front of home with a porch
- View of front of home featuring a porch
- Unfurnished living room featuring baseboard heating and light wood finished floors
- View of property with covered porch
- Bedroom - unfurnished showing flooring and baseboard heat.
- Empty room with a baseboard heating unit and light wood-style floors
- View of gas meters
- View of electric meters
- Full bath with tile walls, wainscoting, light tile patterned floors, vanity, and shower combination
- Kitchen with baseboard heating, white cabinetry, white electric range oven, and dark wood finished floors
- Utilities with a heating unit
- Utilities with water heater and electric water heater
- View of gas meters
- Utility room with water heater
- View of electric meters
- Utility room with water heater
- Utility room featuring a heating unit
- Utilities with a heating unit
- Utilities with water heater and electric water heater
- Utility room with water heater
- Utility room featuring a heating unit
- View of front of home featuring a porch
- View of property with covered porch
Description
High-Yield 6-Unit Investment Property in the Town of Poughkeepsie. *1031 Exchange Buyers - ask about our 9 Door Package deal with this property.
Unlock the potential of 761 Main Street, Poughkeepsie, NY 12603 a 6-unit rental property offering strong returns in a growing market. With a gross annual income of $116,364, this property currently operates at a 6.46% cap rate, with the ability to reach a 7.33% pro forma cap rate by bringing below-market rents in line with current market rates, one unit has already been adjusted.
Each unit benefits from separate electric and gas meters, ensuring simplified management and efficient operations. Situated in a prime Main Street location, this property is within walking distance to local businesses, dining, and public transportation, making it a highly desirable rental opportunity.
Investors will appreciate the strong cash flow and immediate value-add potential, making this an excellent option for those seeking both stability and upside in the Hudson Valley rental market.
Schedule a private tour today and secure a high-performing investment property with significant growth potential!
Amenities
- Electricity Connected
- Natural Gas Connected
- 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.