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Multi Family 2-4 in Dutchess County
MLS NumberH6324706
Address7 Fox Terrace, Poughkeepsie, NY 12603 show map
Price$425,000 show mortgage calculator
Acres0.060009182736455
Year Built1925
Est. Sq. Footage0
Elementary SchoolGov George Clinton School
Jr High-Middle SchoolPoughkeepsie Middle School
High SchoolPoughkeepsie High School
Estimated Taxes$6,724
Total Apt Units2
Total Bedrooms6
# 3 Brs2
Remarks

Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.

Amenities

Balcony/Terrace, Eat-in Kitchen, Walk Metro-North RR

This listing is Courtesy of Coldwell Banker Realty (914 2327000).

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