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Single Family House for Sale in Poughkeepsie, Dutchess County, NY 12601 | Web ID: 1001284 | $449,999

33 Manitou Avenue , Poughkeepsie , NY 12601

 
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Property Description

Well Maintained Income Producing Duplex Located In The City Of Poughkeepsie Offering An Excellent Opportunity For Both Investors And Owner Occupants Alike. This Fully Occupied Multi Family Property Currently Generates Approximately $50, 000 Annually In Rental Income And Offers Strong Cash Flow Potential In One Of The Hudson Valley’s Consistently High Demand Rental Markets. A Major Highlight Of This Property Is The Potential Fha Assumable Loan Opportunity, Which May Allow A Qualified Buyer To Assume The Seller’s Existing Lower Interest Rate And Financing Terms, Creating Substantial Long Term Savings In Today’s Higher Rate Environment. Even If The Current Fha Loan Is Not Assumable For A Buyer, The Property Was Previously Approved Through Fha Financing When Purchased, Offering Added Confidence And Appeal For Future Fha Buyers. Perfect For An Owner Occupant Looking To Offset Monthly Expenses By Living In One Unit While Collecting Rental Income From The Second, Or For An Investor Seeking Immediate Income Production And Long Term Appreciation Potential. Conveniently Located Near Metro North Train Stations, Route 9, Interstate 84, Shopping Centers, Restaurants, Hospitals, Colleges, Waterfront Attractions, Parks, And The Vibrant Hudson Valley Dining And Entertainment Scene. Ideal Commuter Location With Easy Access To New York City, Westchester, Connecticut, And Surrounding Hudson Valley Communities. Whether You Are Looking To Expand Your Investment Portfolio, Secure A Strong Income Producing Asset, Or Begin Building Generational Wealth Through Owner Occupied Real Estate, This Property Offers Flexibility, Value, Location, And Exceptional Long Term Upside.

Property Information

Location/Town Poughkeepsie
Area/County Dutchess County
Prop. Type Single Family House for Sale
Tax $14,146.00
Bedrooms 6
Total Baths 2
Full Baths 2
Year Built 1910
Basement Unfinished
Construction Aluminum Siding
Total Units 2
Lot SqFt 3,485
Cooling Wall/Window Unit(s)
Heat Source Electric
Util Incl Electricity Available, Natural Gas Available
Days On Market 17
Parking Features Driveway
Tax Assessed Value 396000
Units 2
School District Poughkeepsie City
Middle School Poughkeepsie Middle School
Elementary School G W Krieger School
High School Poughkeepsie High School
Features First floor bedroom, first floor full bath, natural woodwork, open kitchen, original details
Listing information courtesy of: eXp Realty

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