Poughkeepsie, NY 12601,69 Academy ST

$565,000

$595,000

5.0%
Est.Price: ?

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Est. payment /mo

4,791 Sqft Lot


SOLD DATE : 01/13/2022

Key Details

Sold Price $565,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6106614

Year Built 1920

Annual Tax Amount $12,268

Lot Size 4,791 Sqft

Property Sub-Type Multi Family

Property Description

Fabulous and meticulously maintained 6-family home in the heart of Poughkeepsie. All apartments are currently rented with leases in place. Units are all below market value. Prime investment opportunity. All units can be increased at end of lease terms. Current CAP 6.4% with a Projected CAP of 10% First floor: Apt A - Studio, Apt B-Studio, Back Entry - Apt F- One Bedroom. Second floor: Apt C - One bedroom & Apt D – one bedroom. Upper level Unit E - 2 bedroom. Lower level basement is unfinished and has tons of storage. Parking for 6 cars! New Roof, Siding, Windows, Driveway, Gas Furnace 1997, 6 Hot Water Heaters. Great for investment property, close to highways, bus, shops, schools, parks, and Metro-North Train.

Location

State NY

County Dutchess County

Interior

Heating Natural Gas

Cooling None

Exterior

Parking Features Driveway, Parking Lot, Unassigned

Utilities Available Trash Collection Private

Building

Lot Description Level, Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Block,Frame,Vinyl Siding

Schools

Elementary Schools Gov George Clinton School

Middle Schools Poughkeepsie Middle School

High Schools Poughkeepsie City

School District Poughkeepsie City

Others

Special Listing Condition None

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Listed by Coldwell Banker Realty • Sally Ann Possidente
Bought with HomeSmart Homes & Estates

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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