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Bobby Gellert

[email protected] +1(914) 215-4307

$ 425,000

Est. payment -/mo

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Active

7 Fox TER Poughkeepsie, NY 12603

6 Beds

2 Baths

2,000 SqFt

UPDATED:

09/15/2024 06:13 PM

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

Listed by Coldwell Banker Realty • 914 2327000

Bobby Gellert

License ID: 49GE1011364

+1(914) 215-4307

Bobby Gellert

7 Fox TER Poughkeepsie, NY 12603

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7 Fox TER