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Great Find! Three Family Fully Rented. Located On The Southside Of Poughkeepsie. The Set Up Is 2 Bedrooms And 1 Bath On Each Floor. All Apartments Have Gas Stoves And Refrigerators; Flooring Is Mixed With Some Hardwood And Laminate. There Is Only 1 Heating System And 1 Electric Meter. All Apartments Have Baseboard /radiator Hot Water Heat. Separation Can Be Done With 2 Apartments By Adding The Ductless Systems For Heat And Getting Two Electric Meters For The Other Apartments Through The City Of Poughkeepsie. Current Monthly Rent Roll Is $5, 050 A Month. Total Gross Rents Per Year Is $60.600.00. Private Off-street Parking - Two Car Garage With Loft Is A Bonus. The Loft Offers Additional Storage And Other Possibilities For Future Revenue. School Tax Is $3971.90, And Property Tax Is $5120.11 Gas & Electric For All Three Apartments For A Year Is 7200. Other Updates Include Most Of The Windows, Updated Kitchens And Bathrooms, And Self-closing Steel Doors. No Leases In Effect. Rents Below Market. Great Potential To Increase Revenue. Currently 7% Cap Rate.
| Location/Town | Poughkeepsie |
| Area/County | Dutchess County |
| Prop. Type | Single Family House for Sale |
| Tax | $9,092.00 |
| Bedrooms | 6 |
| Total Baths | 3 |
| Full Baths | 3 |
| Year Built | 1930 |
| Basement | Finished, See Remarks, Walk-Out Access |
| Construction | Aluminum Siding |
| Total Units | 3 |
| Lot SqFt | 5,227 |
| Cooling | None |
| Heat Source | Natural Gas |
| Util Incl | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
| Features | Lighting, Mailbox |
| Patio | Porch |
| Days On Market | 54 |
| Lot Features | Back Yard, Near Public Transit, Near School |
| Parking Features | Driveway, Garage, On Street |
| Tax Assessed Value | 355000 |
| Units | 3 |
| School District | Poughkeepsie City |
| Features | First floor bedroom, first floor full bath, entrance foyer, high ceilings, storage |
| Listing information courtesy of: BHHS Hudson Valley Properties | |