Multi Family 2-4 in Dutchess
| MLS Number | 6318467 |
|---|---|
| Address | 373 Church Street, Poughkeepsie, NY 12601 show map |
| Price | $325,000 show mortgage calculator |
| Acres | 0.069995408631772 |
| Year Built | 1920 |
| Est. Sq. Footage | 1828 |
| Elementary School | Seymour Smith Intermediate Lrn Ctr |
| Jr High-Middle School | Poughkeepsie Middle School |
| High School | Poughkeepsie High School |
| Estimated Taxes | $5,213 |
| Total Apt Units | 2 |
| Total Bedrooms | 4 |
Exceptional Income-Producing Property with 2 Units and Potential for a 3rd Unit with permits and investigation of zoning Discover the potential of this wonderful income-generating property featuring two fully functional units and the possibility of a third unit, all complemented by its own rear parking lot for added convenience. Property Highlights: First Floor Unit: Layout: Two bedrooms, kitchen, full bathroom, and living room. Upgrades: Equipped with a newer furnace and hot water heater. Utilities: Separate meter, with tenants paying for their own utilities. Second Floor Unit: Layout: Two bedrooms, living room, kitchen, full bathroom, and a bonus room currently used as a small bedroom. Utilities: Separate meter, with tenants paying for their own utilities. Third Floor Potential Unit. Need Bldg permits and possible variance. Utilities: Water, sewage, and gas line already brought into the third floor. Electrical: Separate fuse panel box. Progress: Mostly sheet rocked with two bedrooms, ready for final touches to become a complete unit. Building Details: Above Grade: 1828 sq ft Unfinished Square Feet: 800 sq ft Below Ground Square Feet: 300 sq ft Roof: Asphalt shingles Heating: Gas Investment Benefits: Reliable income from current tenants. Separate meters for each unit ensure that tenants cover their own utility costs. Opportunity to increase rental income by finishing the third-floor unit. Rear parking lots add significant value for tenants with vehicles. This property is a fantastic opportunity for investors looking to maximize their returns with a fully functional duplex and the added potential of a third rental unit. Don't miss out on this prime investment opportunity!
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