Property Details

Overview

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!

Key Facts

•SqFt: 5160.00
•Lot Size: 0.1
•Lot Sq Ft: 4356
•Taxes: $10,247
•School District#: 1
•School District: Poughkeepsie City

Additional Features

•Parking Spaces: Yes
•Parking Facilities: On Street

Rooms & Floor Plans

•Bedroom: 4
•Full Bath: 4

Interior & Utilities

•Heat: Natural Gas, Radiant
•A/C: None
•Water: Public
•Sewer: Public Sewer

Financial

•Taxes: $10,247

Listing Information provided courtesy of Legacy Land & Homes LLC 845-206-9462

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS

CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Bay Benjamin Real Estate, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliated companies.