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Poughkeepsie,NY 12601
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,160 sqft
Price per Sqft $116
MLS Listing ID H6320528
Style Two Story
Bedrooms 4
Full Baths 4
Year Built 1920
Annual Tax Amount $10,247
Lot Size 4,356 Sqft
Property Description
Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.91 cap rate, with room to grow, pro forma at current market rent puts this over 10.0 cap rate! providing an exclusive advantage to the new owner an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!
Location
State NY
County Dutchess
Interior
Heating Natural Gas,Hot Water
Cooling None
Exterior
Garage On Street
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Warring Magnet Acad Of Sci & Tech
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
School District Poughkeepsie
Others
Special Listing Condition None