5-13 Academy Street | Poughkeepsie

$2,275,000

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. OneKeyMLS 801774

MLS Listing ID: 
OneKeyMLS 801774
Community Information
School District: 
Other
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1900
Basement: 
Unfinished
Construction
Construction Materials: 
Brick
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Waterfront: 
0
Public Record
Annual Tax: 
$39,124.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
12/2/2024
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Yehuda Fischman
Listing Office Name: 
eRealty Advisors, Inc