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Poughkeepsie,NY 12601
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6320528
Bedrooms 4
Full Baths 4
Originating Board onekey2
Rental Info No
Year Built 1920
Annual Tax Amount $10,247
Lot Size 4,356 Sqft
Acres 0.1
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 County
Rooms
Basement Unfinished
Interior
Heating Natural Gas,Radiant
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Trash Collection Public
Building
Lot Description Near School
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Warring Magnet Acad Of Sci & Tech
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
School District Poughkeepsie City
Others
Senior Community No
Special Listing Condition None