Overview

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!