Turnkey investment opportunity delivering an 8.
| Website: | https://www.nestseekers.com/4630747 |
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| Address: | Poughkeepsie, NY 12601 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.2 Acres |
Financials
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
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 | |
| Listing Courtesy of Serhant LLC | |