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 a current 6.25%+ cap rate, but there's room to grow, pro forma at current market rent puts this over 7.5 cap rate! Presently, only one unit is leased at market rent, providing an exclusive advantage to the new owner an opportunity to gradually increase rents, significantly magnifying 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!
H6291497
Multi-Family, 2 Story
4
Dutchess
4 Full
1920
0.1
Acres
Public
Public Sewer
5,160
Sq. Ft.
School Information
Warring Magnet Acad Of Sci & Tech
Poughkeepsie Middle School
Poughkeepsie High School
Bathrooms
4
Total:4
Interior Features
- Appliances
- Gas Water Heater
- Cooling
- None
- Heating
- Gas Heat. Hot Water.
- Common Walls
- No Common Walls
- Basement
- Unfinished
Exterior / Lot Features
- Parking
- On Street.
Financial Considerations
131300-6162-72-453138-0000
$10,247
Loading...