Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Pets: | No Pets Allowed |
| Lot Size: | 0.21 Acres |
Financials
Listing Courtesy of Serhant LLC
Turnkey investment opportunity delivering an 8.
- View of front facade with a chimney, a wall unit AC, and a shingled roof
- View of front facade with a balcony, covered porch, and cooling unit
- Bird's eye view of a notable bridge and a large body of water
- Aerial view of a heavily wooded area and a large body of water
- View of front facade featuring an AC wall unit and a residential view
- View of front of house
- Doorway to property with a porch
- Living area with crown molding, stairway, light wood-type flooring, and recessed lighting
- Kitchen featuring freestanding refrigerator, exhaust hood, backsplash, recessed lighting, and a peninsula
- Kitchen with white appliances, under cabinet range hood, white cabinets, wood finished floors, and light countertops
- 11
- Living area with baseboard heating, light wood-style flooring, ornamental molding, and recessed lighting
- Dining room with a baseboard heating unit, light wood-type flooring, and crown molding
- Dining area featuring ornamental molding and light wood-style floors
- Detailed view of baseboard heating and wood finished floors
- Bedroom featuring wood finished floors and a paneled ceiling
- Bedroom featuring baseboard heating, wood finished floors, and a paneled ceiling
- Full bath with vanity, wood finished floors, and a shower with shower curtain
- Detailed view of wood finished floors and baseboards
- Bedroom with lofted ceiling, wood finished floors, and a closet
- Bedroom with wood finished floors, lofted ceiling, and baseboard heating
- Stairway featuring wood finished floors and a towering ceiling
- Living area with light wood-type flooring, recessed lighting, a drop ceiling, and baseboard heating
- Living area with light wood-style flooring, recessed lighting, and a drop ceiling
- Living area with a baseboard radiator, a drop ceiling, light wood-style flooring, and recessed lighting
- Living room with a baseboard heating unit, a drop ceiling, light wood-style flooring, and recessed lighting
- Dining area featuring a drop ceiling and light wood-type flooring
- Kitchen with white appliances, under cabinet range hood, light countertops, light wood finished floors, and a paneled ceiling
- Kitchen featuring white range with electric stovetop, under cabinet range hood, wood finished floors, white cabinetry, and a paneled ceiling
- Hall with light wood-style floors, recessed lighting, a paneled ceiling, and a baseboard heating unit
- Full bath featuring vanity and a shower stall
- Bedroom with a paneled ceiling, a baseboard radiator, and wood finished floors
- Bedroom with a paneled ceiling and wood finished floors
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
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.
