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Just Listed
1 Morgan Avenue, Poughkeepsie City, NY
$ 600,000
Property Attributes
  • MLS#H6268805
  • TypeMulti-Family
  • CountyDUTCHESS
  • CityPoughkeepsie City
  • Zip12601
  • Style
  • Year Built1920
  • Taxes$ 10247
  • Price$ 600,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5160
  • Lot Size4,356 SqFt
Data Source:
OneKey® MLS
Property Description

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 an impressive 6.5%+ cap rate, but there's still room to grow! Presently, only one unit is leased at market rent, providing an exclusive advantage to the new owner an opportunity to gradually increase rents over time, significantly amplifying 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!

Elementary School Middle School High School
Warring Magnet Acad Of Sci & Tech Elementary School Poughkeepsie Middle School Poughkeepsie High School
Price History
9/15/2023 Listed $600,000

General Features

Standard Status Active


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 12601

AVG $410K
AVG $6,811
AVG 35
Year Built
AVG 1913

Areas We Cover

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