Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area.
5,912 Sq Ft
5,663 Sq Ft Lot Size
commercial
$1,586 Monthly Tax
Built in 1938
MLS/Listing ID 1053462
5 Units
Construction - Frame
Refrigerator
Oven
Public Water
Public Sewer
Parking - Parking Lot
Parking - On Street
Heating - Oil
Heating - Natural Gas
Natural Wood
Linoleum
Carpet
TOTAL MONTHLY COST
$0
$0
$0
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