$565,000
$595,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
4,791 Sqft Lot
SOLD DATE : 01/13/2022
Key Details
Sold Price $565,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6106614
Sold Date 01/13/22
Originating Board onekey2
Rental Info No
Year Built 1920
Annual Tax Amount $12,268
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Fabulous and meticulously maintained 6-family home in the heart of Poughkeepsie. All apartments are currently rented with leases in place. Units are all below market value. Prime investment opportunity. All units can be increased at end of lease terms. Current CAP 6.4% with a Projected CAP of 10% First floor: Apt A - Studio, Apt B-Studio, Back Entry - Apt F- One Bedroom. Second floor: Apt C - One bedroom & Apt D – one bedroom. Upper level Unit E - 2 bedroom. Lower level basement is unfinished and has tons of storage. Parking for 6 cars! New Roof, Siding, Windows, Driveway, Gas Furnace 1997, 6 Hot Water Heaters. Great for investment property, close to highways, bus, shops, schools, parks, and Metro-North Train.
Location
State NY
County Dutchess County
Rooms
Basement Full, Unfinished, Walk-Out Access
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Driveway, Parking Lot, Unassigned
Utilities Available Trash Collection Private
Total Parking Spaces 6
Building
Lot Description Level, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Block,Frame,Vinyl Siding
Schools
Elementary Schools Gov George Clinton School
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
School District Poughkeepsie City
Others
Special Listing Condition None
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