86 S S Hamilton Street,Poughkeepsie, NY 12601
Poughkeepsie, NY 12601
Description
Great find! Three family fully rented. Located on the Southside of Poughkeepsie. The set up is 2 Bedrooms and 1 bath on each floor. All apartments have gas stoves and refrigerators; Flooring is mixed with some hardwood and laminate. There is only 1 heating system and 1 electric meter. All apartments have baseboard /radiator hot water heat. Separation can be done with 2 apartments by adding the ductless systems for heat and getting two electric meters for the other apartments through the City of Poughkeepsie. Current Monthly rent roll is $5,050 a month. Total gross rents per year is $60.600.00. Private off-street parking - two car garage with loft is a bonus. The loft offers additional storage and other possibilities for future revenue. School tax is $3971.90, and Property tax is $5120.11 Gas & Electric for all three apartments for a year is 7200. Other updates include most of the windows, updated kitchens and bathrooms, and self-closing steel doors. No leases in effect. Rents below market. Great potential to increase revenue. Currently 7% cap rate.
Details
| MLS # | 874243 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 156 |
| Listing Provided By | BHHS Hudson Valley Properties | Michelle V. Ayala |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,249 |
| Garage | 2 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.12 |
| Property View | Neighborhood |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Entrance Foyer, High Ceilings, Storage |
Exterior
| Exterior Features | Lighting, Mailbox |
|---|---|
| Security Features | Fire Escape, Smoke Detector(s) |
| Construction Materials | Aluminum Siding |
| Lot Features | Back Yard, Near Public Transit, Near School |
| Fencing | None |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Garage, On Street |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 355000 |
| Tax Annual Amount | 9092.01 |
Area Information
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
