$800,000
$800,000
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8 Beds
8 Baths
6,098 Sqft Lot
SOLD DATE : 02/21/2025
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEY802481
Sold Date 02/21/25
Style Colonial,Victorian
Bedrooms 8
Full Baths 8
Originating Board onekey2
Rental Info No
Year Built 1920
Annual Tax Amount $16,525
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
Amazing opportunity to own a fully renovated 4-Family home in the heart of Downtown Poughkeepsie. Each unit features 2 bedrooms and 2 full baths with current gross income of $100K! Complete exterior renovations, new 100 year Vermont slate roof, separate gas & electric meters for all units, updated electric, 2 in 1 Navien on demand boilers, high efficiency heat pump for largest unit, luxury vinyl plank flooring, exposed brick walls, updated kitchens and baths and ample parking for tenants. Little to no deferred maintenance, not an easy find when it comes to investment properties! Still some room to grow rents further. Current NOI at $70K puts current list price at an aggressive 8.75% CAP! Municipal water, sewer and natural gas. Excellent location, minutes to Downtown Poughkeepsie, Walkway Over the Hudson, Marist College, Culinary Institute of America, hospitals, schools, shopping, culinary grade restaurants and more! Rare finds like this don't come around often, reach out today!
Location
State NY
County Dutchess County
Rooms
Basement Finished
Interior
Interior Features First Floor Bedroom
Heating Baseboard, Electric, Heat Pump, Natural Gas
Cooling Ductless, Separate Meters
Flooring Tile, Vinyl
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Total Parking Spaces 8
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Senior Community No
Special Listing Condition None
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