Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY.


Property

Website: https://www.nestseekers.com/5311936
Address:
Poughkeepsie, NY 12601
Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$795,000
Annual Taxes:$19,026.61

Description

Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area. All units are currently rented.

Amenities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Oven
  • Phone Connected
  • Refrigerator
  • Sewer Connected
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Howard Hanna Rand Realty