82 Smith Street

College Hill, Poughkeepsie, NY 12601

$490,000
6
beds
2
Baths
Multi Family Townhouse

AGENTS

Douglas Elliman
Douglas Elliman
Source of Data:
OneKey MLS

Property Description

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Amazing opportunity for first-time home buyers to invest in real estate w/this stunning newly renovated two-family home in the heart of Poughkeepsie. Live in 1 unit, rent out the other, & generate passive income while building equity in your own property. Each unit boasts a bright & airy living room, eat-in kitchen, 3 bedrooms, a full bathroom, & a convenient laundry closet. The second floor unit also features a lovely back deck, perfect for enjoying your morning coffee or evening tea. The spacious yard offers ample room for outdoor gatherings, barbecues, or simply relaxing. In addition, the large unfinished basement provides plenty of storage space. The gut renovation has transformed this property into a modern and functional oasis, with sleek finishes and brand new appliances throughout. This versatile property can be used as a comfortable home for yourself and/or as an investment property. At market rent ($2,400) and projected taxes ($7,800) income is $57,600 with 9.6% cap rate.
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PROPERTY DETAILS

  • Interior
    2,300 Sq Ft.
  • Exterior
    .1 Acres
  • Property Type
    Multi Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $650
  • ANNUAL REAL ESTATE TAX
    $7,800
  • Year Built
    1910
  • MLS/Listing ID
    H6233699

BUILDING/PROPERTY DETAILS

  • Frame
  • Vinyl Siding
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Listing Courtesy of RE/MAX Town & Country - 845-765-6128

Information Copyright 2021, OneKey™ MLS. All Rights Reserved.

LOCATION

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TRAVEL TIMEFROMCollege Hill
TYPE OF TRANSPORTATION