Poughkeepsie NY, 12601
$599,000
Misc
For Sale
4 Beds
, 4 Full Bath
Details
ML#: 823439
- # of Families: 4
- Year Built: 1900
- Taxes: $10,530
- Status:Active
Description
LEGAL 4 FAMILY! Amazing investor or owner occupier investor opportunity in the heart of Poughkeepsie, minutes to Downtown and the Historic Disrict. Brick 4 family consisting of 1 bed, 1 bath units currently bringing in a current gross income of $68K with room to grow! Some updates made throughout the units with room to do more to grow the rents. All tenants currently month to month and one unit to be delivered vacant upon closing. Heat is currently paid by landlord, but with 4 separate electric meters, theres room to put that expense on the tenant. Current NOI of $48K after all expenses. Current list price is an 8% CAP. Excellent location, minutes to the Culinary, Poughkeepsie Train Station, Downtown, Poughkeepsie Tennis Club, Marist College, Walkway over the Hudson, culinary grade restaurants, shops, schools and more!
More Property Details
Bedroom: 4
Full Bath: 4
Lot Size: 0.07
Lot Sq Ft: 3049
Heat: Natural Gas, Steam
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $10,530
School District: G W Krieger School