337 Main St

poughkeepsie, NY 12601

$995,000

  • 5 BR
    5 BA
    APPROX. 7,639 SF
  • contract signed

INTERESTED? LET'S CONNECT

Located in the heart of the Poughkeepsie Central Business District, 337 Main is a prime 3-story, 8,060 SF mixed-use property offering a diverse range of possibilities for retail, office, and medical uses. The building features a stable income stream with two updated, fully-occupied 2-bedroom, 2-bath apartments and one updated, fully-occupied 1-bedroom apartment. Gross income from the apartments of almost $6200/mo and with the vacant commercial space gross income potential of over $100K! The ground-floor retail space, a spacious 3,300 SF "vanilla-box," is vacant and offers an excellent opportunity for a new tenant. With a competitive asking rent of $14-16/SF gross, plus utilities, the retail space provides strong leasing potential. The property has been meticulously maintained, with numerous upgrades throughout, ensuring no deferred maintenance. Situated in a prime location with flexible zoning, 337 Main presents a strong investment opportunity with both immediate cash flow and long-term value potential. Excellent location, in the heart of Downtown, minutes to the Culinary, Marist College, Walkway over the Hudson, Poughkeepsie Train Station, local shops, restaurants, schools and more!

Details

7,639 Sq Ft

3,920 Sq Ft Exterior Space

Investment

$4,926 Annual Tax

Built in 1900

MLS/Listing ID 803995

4 Units

Amenities & Features

Heating - Other

Listing Courtesy of KW MIDHUDSON, JUSTIN M. LAFALCE - 845-224-5792

ONEKEY

Source of Data: ONEKEY MLS

Interested in 337 Main St?