Commercial in Dutchess County
| MLS Number | 863642 |
|---|---|
| Address | 1 Cottage Street, Poughkeepsie, NY 12601 show map |
| Price | $485,000 show mortgage calculator |
| Acres | 0.21000918273646 |
| Year Built | 1953 |
| Est. Sq. Footage | 0 |
| Zoning | RNC ( was R-4 ) |
| Current Uses | |
| Permitted Uses |
City of Poughkeepsie needs new housing with demand out-stripping supply. This is a great opportunity to convert from commercial to residential use in quiet neighborhood. Recently zoned for four (4) family residence. Building as exists will allow for the addition of a 2nd floor leading to more than 4 apartments or two-floored units. "Cost of conversion" is cheaper and quicker than building new or gutting and repair of old buildings. This prosed use is a "as of right' use under new zoning designation: RNC. Standard site-plan review is required by the City. Building is in excellent condition. Ready for your architect/engineer to lay out the floor plan for four units, then call the framer, plumber and electrician. Close to all the City has to offer and shopping & transportation; Rt 9, Bridge, Hudson Line train. Off-street parking. Will generate top rents upon completion of new units. Can also be used for "Day-Care" as of right.
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