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Property Description

LEGAL 4 FAMILY! Amazing investor or owner occupier investor opportunity in the heart of Poughkeepsie, minutes to Downtown and the Historic Disrict. Brick 4 family consisting of 1 bed, 1 bath units currently bringing in a current gross income of $68K with room to grow! Some updates made throughout the units with room to do more to grow the rents. All tenants currently month to month and one unit to be delivered vacant upon closing. Heat is currently paid by landlord, but with 4 separate electric meters, theres room to put that expense on the tenant. Current NOI of $48K after all expenses. Current list price is an 8% CAP. Excellent location, minutes to the Culinary, Poughkeepsie Train Station, Downtown, Poughkeepsie Tennis Club, Marist College, Walkway over the Hudson, culinary grade restaurants, shops, schools and more!

Features
Heating System:
Natural Gas, Steam
Cooling System:
No
Basement:
Full, Walk-out Access
Interior Features:
First Floor Bedroom, First Floor Full Bath
Sewer:
Public Sewer
Utilities:
Electricity Connected
Address Map
City:
Poughkeepsie
State:
NY
County:
Dutchess County
Property and Construction
Development Status:
Brick, Frame
Elementary School:
G W Krieger School
High School:
Poughkeepsie High School
Agent MlsId:
51859
Office MlsId:
KWMIDH
MiddleOrJunior School:
Poughkeepsie Middle School
Number Of Units:
4
Special Listing Conditions:
No
Tax Annual Amount:
$10,530
Water Source:
Public
PhotosCount:
13

Residential Income For Sale

31 Holmes Street, Poughkeepsie, NY

4 Bedrooms
4 Bathrooms
$575,000
Listing ID #823439
Basic Details
Property Type :
Residential Income
Property SubType :
Quadruplex
Listing ID :
823439
Price :
$575,000
Bedrooms :
4
Bathrooms :
4
Bathrooms Total :
4
Building Area :
2,332 Sqft
Year Built :
1900
Status :
Active
Status :
Active
Listing Office :
KW MidHudson
Listing Agent :
Justin M. LaFalce
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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