Poughkeepsie (Town), NY 12601

Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.34 Acres

Financials

Price:$749,999
Annual Taxes:$16,585.37
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of The Select Team, LLC

Description

INVESTOR'S DREAM – Beautiful Poughkeepsie Building currently being utilized as a 9-Unit SRO providing unique opportunity for future enhancement. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With 2 parking lots offering space for up to 14 cars, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!

Amenities

  • Near Public Transit
  • Near School
  • Near Shops
  • Trash Collection Public

INVESTOR'S DREAM Beautiful Poughkeepsie Building currently being utilized as a 9 Unit SRO providing unique opportunity for future enhancement.


    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.