31 Holmes ST Active Save Request In-Person Tour Request Virtual Tour
Poughkeepsie,NY 12601
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 823439
Bedrooms 4
Full Baths 4
Year Built 1900
Annual Tax Amount $10,530
Lot Size 3,049 Sqft
Property Sub-Type Quadruplex
Property Description
LEGAL 4 FAMILY! Amazing investor or owner occupier investor opportunity in the heart of Poughkeepsie, minutes to Downtown and the Historic Disrict. Brick 4 family consisting of 1 bed, 1 bath units currently bringing in a current gross income of $68K with room to grow! Some updates made throughout the units with room to do more to grow the rents. All tenants currently month to month and one unit to be delivered vacant upon closing. Heat is currently paid by landlord, but with 4 separate electric meters, theres room to put that expense on the tenant. Current NOI of $48K after all expenses. Current list price is an 8% CAP. Excellent location, minutes to the Culinary, Poughkeepsie Train Station, Downtown, Poughkeepsie Tennis Club, Marist College, Walkway over the Hudson, culinary grade restaurants, shops, schools and more!
Location
State NY
County Dutchess County
Interior
Heating Natural Gas,Steam
Cooling None
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools G W Krieger School
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
Others
Special Listing Condition None