198 Main ST Active

Poughkeepsie,NY 12601

$ 575000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYH6318376

Originating Board onekey2

Rental Info No

Year Built 1900

Annual Tax Amount $10,000

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Fantastic 3000 ft² 3-unit mixed use building on bustling Main St Poughkeepsie. 2000 ft² residential & 1000 ft² commercial. All units leased. Storefront currently in use as a hair salon. Building boasts brick construction, 2 rear balconies with seasonal Hudson River views and rear garden area. Easy walk to Metro North, community centers, entertainment, recreation, shops, restaurants & more. Quick car ride to Vassar College, Marist College, Vassar Brothers Medical Center, Walkway Over the Hudson, American Culinary Institute & Dutchess Community College. Plenty of public parking available across the street. Property offered at 6.7% cap, with a potential pro forma cap rate of 9%+ with interior updates and market rents.

Virtual Tour & Offering Memorandum available upon request! Interested buyers we please ask you provide proof of funds. For appointments, please contact us through Showingtime with at least 48 hours notice. Call us anytime for more information we are happy to help.

Location

State NY

County Dutchess County

Interior

Heating Electric,Natural Gas,Baseboard,Heat Pump

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher,Dryer,Electric Water Heater,Freezer,Microwave,Refrigerator,Washer

Exterior

Parking Features On Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Poughkeepsie City

Others

Special Listing Condition None

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