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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?