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Key Details
Sold Price $302,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,024 sqft
Price per Sqft $149
MLS Listing ID H6285626
Bedrooms 4
Full Baths 2
Year Built 1925
Annual Tax Amount $6,336
Lot Size 3,484 Sqft
Property Description
8.2 CAP RATE!!! Welcome to an exceptional investment opportunity in the heart of Poughkeepsie, New York! This well maintained, fully rented two-family property features spacious 2-bedroom/1-bathroom units ensuring immediate passive income generation. Below market rents and value add opportunity provides for a conservative 8.2 pro forma cap rate. This property promises an attractive return on investment! Conveniently located near schools and public transportation, in a resilient and growing real estate market, Poughkeepsie offers the ideal setting for this income-generating gem. With a strong rental demand, this property is a must-consider for investors seeking long-term appreciation and consistent rental income. Don't miss out on this golden opportunity schedule a viewing today and secure your place in the thriving Poughkeepsie market!
Location
State NY
County Dutchess
Interior
Heating Natural Gas, Hot Water
Cooling None
Exterior
Garage Driveway
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Gov George Clinton School
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
School District Poughkeepsie
Others
Special Listing Condition None
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Bought with BHHS Hudson Valley Properties
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