Poughkeepsie, NY 12601

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 2
Pets: Pets No
Lot Size: 0.23 Acres

Financials

Price:$479,999
Annual Taxes:$12,582.30
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of Oxford Property Group USA

Description

PRIME 2-FAMILY INVESTMENT offers a Epic Opportunity for passive income or leverage into commercial. This 2-Family investment opportunity is sited on a huge double lot just shy of a quarter of an acre on the south side of Poughkeepsie. Perfect for the Owner Investor who lives in one unit while the rental income pays your mortgage. Unique property features that add value include private off street oversized parking lot for 8+ cars behind the home; private recessed driveway with gate on the left side of the Duplex could qualify for college housing and 12’ privacy evergreens with rare XL yard and additional green space behind the parking lot awaiting your vision of a greenhouse, hobby shed or additional parking spaces. This 6 bedroom 2 full bathrooms 2 kitchens 2508SF of living space, 1254SF of rentable attic non-living storage space. Total approximate square footage 5,016SF Easy conversion to 3-family passive income by converting attic into Studio/Loft or LEVERAGE into COMMERCIAL by expanding the building footprint constructing an addition onto the left side of the building adding more units (studios)The proposed expansion could be contained within the green buildable lot utilizing the pre-existing front and rear building envelope which would not interfere with the rear parking lot. Perfect for the builder or developer looking for land with built in infrastructure. Infinite options to GO BIG you won't regret adding this workhorse to your portfolio. Municipal gas water and sewer. Hardwood floors, 2019 new fence, 2018 new windows & attic insulation 2024 Taxes $12,582. Apartment A 4Bed/1Bath Apartment w/front porch; Apt B 2Bed/1Bath w/ front balcony sunroom 1254SF. Full walk up Attic/Loft/Studio 1254SF if rentable storage space Full walk out Basement with side entry door 1254SF has electric dryer hook up new mechanicals electric panels in 2015 Cute cherry blossom tree lined Street. Unlimited potential with something for everyone so don’t miss out FIRST TIME HOMEBUYERS as this homestead could seed your retirement fund! Highest and best use commercial redevelopment. Close to Rt#9, Hudson Valley Historical Attractions, Recreational Amenities, Culinary & Distillery Experiences, Vassar, Marist College and two Hospitals Buyers Choice: Own and occupy as landlord 2-Family passive income as investor 3-Family w/ converted attic loft studio as builder 6+Commercial as developer

Amenities

  • Back Yard
  • Balcony
  • Blinds
  • Cable Connected
  • Ceiling Fan(s)
  • Double Pane Windows
  • Electricity Connected
  • ENERGY STAR Qualified Windows
  • Fire Alarm
  • First Floor Bedroom
  • First Floor Full Bath
  • Formal Dining
  • Front Yard
  • Insulated Windows
  • Level
  • Natural Gas Connected
  • Natural Woodwork
  • Near Public Transit
  • Near School
  • Near Shops
  • New Windows
  • Original Details
  • Park/Greenbelt
  • Phone Available
  • Private
  • Rain Gutters
  • Security Lights
  • Security System
  • Sewer Connected
  • Smoke Detectors
  • Storm Doors
  • Trash Collection Public
  • Video Cameras
  • Washer/Dryer Hookup
  • Water Connected

PRIME 2 FAMILY INVESTMENT offers a Epic Opportunity for passive income or leverage into commercial.


    Long Island MLS

    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.