Description
Multi-Family Investment in Hot Poughkeepsie Rental Market. Rental Potential Upside 9.0% Cap Rate, No Deferred Maintenance Nearby Public Transit, Downtown Entertainment and Dining. Occupied 3-family building with on-site parking High-end renovation with new appliances Tenants pay all utilities One-year leases with room for market increases. Totally new renovated 3 family Luxury Multi-Unit is located at the base of the Hudson River with direct views and access to the Walkway Over The Hudson Bridge and the beautiful Hudson River. This unit was completely gutted with the very best upgrades to include a washer/dryer in each unit, stainless-steel appliances with granite countertops, new windows and wood floors on each level. Every apartment has a porch or covered patio that faces the front of the unit with beautiful views of the River. This opportunity has an entire newly paved parking lot that will be included with an adjacent lot that has another approved Multi- Unit buildable lot for future use.The unit by far works well for an owner occupant easily or for investors looking to own a luxury unit in Poughkeepsie. With a direct path to the Metro-North train to New York City/Hudson Line, it serves as the perfect location for someone interested in commuting and living almost free by using the tenants rent to pay the mortgage in style and in a great location. Owner financing opportunities available.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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3,672SQFT
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$245$/SQFT
School Information
Description
Multi-Family Investment in Hot Poughkeepsie Rental Market. Rental Potential Upside 9.0% Cap Rate, No Deferred Maintenance Nearby Public Transit, Downtown Entertainment and Dining. Occupied 3-family building with on-site parking High-end renovation with new appliances Tenants pay all utilities One-year leases with room for market increases. Totally new renovated 3 family Luxury Multi-Unit is located at the base of the Hudson River with direct views and access to the Walkway Over The Hudson Bridge and the beautiful Hudson River. This unit was completely gutted with the very best upgrades to include a washer/dryer in each unit, stainless-steel appliances with granite countertops, new windows and wood floors on each level. Every apartment has a porch or covered patio that faces the front of the unit with beautiful views of the River. This opportunity has an entire newly paved parking lot that will be included with an adjacent lot that has another approved Multi- Unit buildable lot for future use.The unit by far works well for an owner occupant easily or for investors looking to own a luxury unit in Poughkeepsie. With a direct path to the Metro-North train to New York City/Hudson Line, it serves as the perfect location for someone interested in commuting and living almost free by using the tenants rent to pay the mortgage in style and in a great location. Owner financing opportunities available.
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Listing courtesy of Homesmart Crossisland Ro: 718-341-9800. © 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.Information Believed Accurate But Not Warranted.