Multi Family 2-4 in Dutchess County
| MLS Number | H6320528 |
|---|---|
| Address | 1 Morgan Avenue, Poughkeepsie, NY 12601 show map |
| Price | $600,000 show mortgage calculator |
| Acres | 0.1 |
| Year Built | 1920 |
| Est. Sq. Footage | 0 |
| Elementary School | Warring Magnet Acad Of Sci & Tech |
| Jr High-Middle School | Poughkeepsie Middle School |
| High School | Poughkeepsie High School |
| Estimated Taxes | $10,247 |
| Total Apt Units | 4 |
| Total Bedrooms | 4 |
| # 1 Brs | 4 |
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!
© 2022 OneKey Multiple Listing Service, Inc., All Rights Reserved. The data relating to real estate for sale or lease on this website comes in part from OneKey MLS. Real estate listings held by brokerage firms other then CS Realty Relocation Services are marked with a OneKey MLS Logo. The information appearing herein has not been verified by the OneKey Multiple Listing Service, Inc. or by the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.