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Multi Family 2-4 in Dutchess
MLS Number6320528
Address1 Morgan Avenue, Poughkeepsie, NY 12601 show map
Price$600,000 show mortgage calculator
Acres0.1
Year Built1920
Est. Sq. Footage5160
Elementary SchoolWarring Magnet Acad Of Sci & Tech
Jr High-Middle SchoolPoughkeepsie Middle School
High SchoolPoughkeepsie High School
Estimated Taxes$10,247
Total Apt Units4
Total Bedrooms4
# 1 Brs4
Remarks

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 7.91 cap rate, with room to grow, pro forma at current market rent puts this over 10.0 cap rate! 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!

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This listing is Courtesy of Legacy Land & Homes LLC (845 2069462).

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