ID # | 840027 |
Details | 9 bed, 7 bath, 2 half bath, dishwasher, washer, dryer, Lot Size: 0.34 acres, Interior: 4238 ft2, 394m2 (DOM): 42 days |
Construction Year | 1891 |
Taxes (per year) | $16,585 |
Heat type | Radiant (Floor/Wall) |
Basement | Full basement |
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BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT ENHANCEMENT.
A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, there is additional income potential.
Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today! © 2025 OneKey™ MLS, LLC