Poughkeepsie, NY 12601

Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.21 Acres

Financials

Price:$950,000
Annual Taxes:$18,548
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of Serhant LLC

Description

Turnkey investment opportunity delivering an 8.7% cap rate in Poughkeepsie’s Campus Development (CD) District. This well-maintained 5-unit mixed-use building features (3) 1-bedroom apartments, (1) 2-bedroom apartment, and 1 commercial space, just one block from Vassar Brothers Medical Center. The sale also includes a separately deeded 0.11-acre parking lot on Franklin Street, providing added convenience and long-term value for tenants. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with room for future upside. Financials available upon request—an ideal opportunity for investors seeking a stable, income-producing asset in a prime growth corridor.

Amenities

  • Electricity Connected
  • Level
  • Natural Gas Connected
  • Paved
  • Sewer Connected

Turnkey investment opportunity delivering an 8.


    Long Island MLS

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