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Poughkeepsie,NY 12603
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $212
MLS Listing ID H6324706
Style Two Story,Colonial
Bedrooms 6
Full Baths 2
Originating Board onekey
Rental Info No
Year Built 1925
Annual Tax Amount $6,724
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.
Location
State NY
County Dutchess
Rooms
Basement Full
Interior
Interior Features First Floor Bedroom,Eat-in Kitchen
Heating Natural Gas,Hot Water
Cooling Window Unit(s)
Fireplace No
Exterior
Exterior Feature Balcony
Garage On Street
Parking Type On Street
Garage false
Building
Lot Description Level,Near Public Transit
Sewer Sewer
Water Public
Structure Type Frame,HardiPlank Type
Schools
Elementary Schools Gov George Clinton School
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
School District Poughkeepsie
Others
Senior Community No
Special Listing Condition None