Property Description
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 an impressive 6. 5%+ cap rate, but there's still room to grow! Presently, only one unit is leased at market rent, providing an exclusive advantage to the new owner an opportunity to gradually increase rents over time, significantly amplifying 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!
Property Information
| Location/Town | Poughkeepsie City |
| Area/County | Dutchess |
| Post Office/Postal City | Poughkeepsie |
| Prop. Type | Single Family House for Sale |
| Tax | $10,247.00 |
| Bedrooms | 4 |
| Total Baths | 4 |
| Full Baths | 4 |
| Year Built | 1920 |
| Basement | Unfinished |
| Total Units | 4 |
| Lot SqFt | 4,356 |
| Cooling | None |
| Heat Source | Natural Gas, Hot Wat |
| Parking Features | On Street |
| Tax Assessed Value | 280000 |
| Units | 4 |
| School District | Poughkeepsie |
| Middle School | Poughkeepsie Middle School |
| Elementary School | Warring Magnet Acad Of Sci & T |
| High School | Poughkeepsie High School |
| Listing information courtesy of: Legacy Land & Homes LLC | |
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