Turnkey 3-family investment opportunity in the City of Poughkeepsie! This income-producing property features two fully renovated units, one vacant, one recently rented, and a third with long term tenant! Recent improvements include new kitchens, updated bathrooms, modern fixtures, fresh paint, updated flooring, and contemporary finishes throughout. The rent ready vacant unit offers an excellent opportunity for an owner-occupant looking to offset expenses or an investor seeking immediate lease-up and increased cash flow. Additional features include a beautiful rear deck, on-site coin operated laundry, and attractive updates that minimize deferred maintenance and make this property a strong addition to any portfolio. Conveniently located near Metro-North, Vassar Brothers Medical Center, Marist University, the Culinary Institute of America, the Poughkeepsie waterfront, restaurants, shopping, and major commuter routes. Whether you're a seasoned investor or looking for your first multifamily property, this is a rare opportunity to acquire a largely turnkey asset with immediate upside and strong rental demand.
| MLS # | 1015343 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 76 |
| Listing Provided By | HomeSmart Homes & Estates | Michael Cahill |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,512 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.03 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Interior Features | Stone Counters |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 354000 |
| Tax Annual Amount | 8242 |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| School District | Poughkeepsie High School |
| Elementary School | G W Krieger School |
| High School | Poughkeepsie High School |
| Listing VS Median (in 12601) | |
Price: $460,000 low | high Med: $319,000 sqft: 1,512 low | high Med: 766 $ / sqft: $304 low | high Med: $416 On site: 76 low | high Med: 76 | |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| School District | Poughkeepsie High School |
| Elementary School | G W Krieger School |
| High School | Poughkeepsie High School |
| Listing VS Median (in 12601) | |
Price: $460,000 low | high Med: $319,000 sqft: 1,512 low | high Med: 766 $ / sqft: $304 low | high Med: $416 On site: 76 low | high Med: 76 | |