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    69 Academy Street

    Poughkeepsie, NY 12601
    • $615,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: H6106614
    UPDATED: 56 min ago
    $615,000
    • 5
      BEDS
    • 0.11
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,396
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    School District:

    Description

    Fabulous and meticulously maintained 6-family home in the heart of Poughkeepsie. All apartments are currently rented with leases in place. Units are all below market value and can be increased substantially at end of lease terms. Prime investment opportunity. All 6 units are fully leased through 2022. All units can be increased at end of lease terms. Current CAP 6% with a Projected CAP of 10% upon termination of leases in April/May 2022 First floor: Apt A - Studio, Apt B-Studio, Back Entry - Apt F- One Bedroom. Second floor: Apt C - One bedroom & Apt D one bedroom. Upper level Unit E - 2 bedroom. Lower level basement is unfinished and has tons of storage. Parking for 6 cars! New Roof, Siding, Windows, Driveway, Gas Furnace 1997, 6 Hot Water Heaters. Great for investment property, close to highways, bus, shops, schools, parks, and Metro-North Train.

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2021-05-16T09:16:58.057.
    www.rivertonglobal.com/homes/116096038
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    69 Academy Street Poughkeepsie, NY 12601

    • Price: $615,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: H6106614
    5
    Beds
    6
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,396
    SQFT
    $140
    $/SQFT
    1920
    Built
    Neighborhood:
    Poughkeepsie City
    County:
    Dutchess
    Area:
    Poughkeepsie City
    Elementary School:
    Gov George Clinton School
    Middle School:
    Poughkeepsie Middle School
    High School:
    Poughkeepsie High School
    School District:
    Poughkeepsie
    Property Description
    Fabulous and meticulously maintained 6-family home in the heart of Poughkeepsie. All apartments are currently rented with leases in place. Units are all below market value and can be increased substantially at end of lease terms. Prime investment opportunity. All 6 units are fully leased through 2022. All units can be increased at end of lease terms. Current CAP 6% with a Projected CAP of 10% upon termination of leases in April/May 2022 First floor: Apt A - Studio, Apt B-Studio, Back Entry - Apt F- One Bedroom. Second floor: Apt C - One bedroom & Apt D one bedroom. Upper level Unit E - 2 bedroom. Lower level basement is unfinished and has tons of storage. Parking for 6 cars! New Roof, Siding, Windows, Driveway, Gas Furnace 1997, 6 Hot Water Heaters. Great for investment property, close to highways, bus, shops, schools, parks, and Metro-North Train.
    Exterior Features

    Construction Materials BlockFrameVinyl Siding Garage YN No Lot Features LevelNear Public Transit Parking Features DrivewayParking LotUnassigned

    Interior Features

    Basement FullUnfinishedWalk-Out Access Cooling None Cooling YN No Heating Natural GasBaseboardHot Water Interior Features Cathedral Ceiling(S)Eat-In Kitchen Numberof Heating Zones 6

    Property Features

    Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 13648.00 Water Source Public

    Listing courtesy of Sally Ann Possidente of Coldwell Banker Realty.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2021-05-16T09:16:58.057.
     
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    Howard Hanna Rand Realty
    46 South Broadway
    Nyack NY, 10960