Property Description
Amazing opportunity to own a fully renovated 4-Family home in the heart of Downtown Poughkeepsie. Each unit features 2 bedrooms and 2 full baths with current gross income of $100K! Complete exterior renovations, new 100 year Vermont slate roof, separate gas & electric meters for all units, updated electric, 2 in 1 Navien on demand boilers, high efficiency heat pump for largest unit, luxury vinyl plank flooring, exposed brick walls, updated kitchens and baths and ample parking for tenants. Little to no deferred maintenance, not an easy find when it comes to investment properties! Still some room to grow rents further. Current NOI at $70K puts current list price at an aggressive 8.75% CAP! Municipal water, sewer and natural gas. Excellent location, minutes to Downtown Poughkeepsie, Walkway Over the Hudson, Marist College, Culinary Institute of America, hospitals, schools, shopping, culinary grade restaurants and more! Rare finds like this don't come around often, reach out today!
Overview
Property Type
Multi-family
Location
18 Hooker Avenue, Poughkeepsie, NY 12601
MLS ID
802481
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
8
Flooring
Tile, Vinyl
Other Interior Features
First Floor Bedroom
Exterior
Water Source
Public
Utilites
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Heat Type
Baseboard, Electric, Heat Pump, Natural Gas
Air Conditioning
Ductless, Separate Meters
Sewer
Public Sewer
Details
Total Area
4,640 Sq.Ft.
Architecture Styles
Colonial, Victorian
Financial
Price
$800,000
Real Estate Tax
$16,525/yr
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