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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 23 2025 AT 6:51 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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5-13 Academy St

poughkeepsie, NY 12601

$2,275,000

    INTERESTED? LET'S CONNECT

    TURN-KEY INVESTMENT of 9% cap rate. Property Overview: Unit Mix: There are 12 units, 8 residential and 4 commercial. Condition: In 2023, 4 units underwent complete gutting, while the other 4 units were renovated during the same year. Unit Sizes: Four are three bedrooms and include a washer/dryer. The other four units are spacious two-bedroom units. There are floor plans to convert them into three-bedroom units potentially. The tenants are paying all utilities except the water. There is potential to add a few more units Without extending the building, further increasing its value and income potential.

    Details

    11,361 Sq Ft

    Commercial

    $39,124 Annual Tax

    Built in 1900

    MLS/Listing ID 801774

    5-13

    12 Units

    Amenities & Features

    Refrigerator

    Electric Range

    Electric Oven

    Dryer

    Dishwasher

    Heating - Electric

    Construction - Brick

    Microwave

    Freezer

    Cooling - Wall/window unit(s)

    Listing Courtesy of EREALTY ADVISORS, INC, YEHUDA FISCHMAN - 845-499-5533

    ONEKEY

    Source of Data: ONEKEY MLS

    Interested in 5-13 Academy St?