Multi Family 2-4 in Dutchess County
| MLS Number | 1022089 |
|---|---|
| Address | 1 Park Place, Poughkeepsie, NY 12601 show map |
| Price | $500,000 show mortgage calculator |
| Acres | 0.060009182736455 |
| Year Built | 1910 |
| Est. Sq. Footage | 0 |
| Elementary School | Morse Young Magnet School |
| Jr High-Middle School | Poughkeepsie Middle School |
| High School | Poughkeepsie High School |
| Estimated Taxes | $7,350 |
| Total Apt Units | 2 |
| Total Bedrooms | 4 |
| # 2 Brs | 2 |
Turnkey Investment Opportunity! This 2-family home is fully occupied and generating $52,800 annually. It will provide reliable cash flow from day one. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000). Leased solar panels were installed in 2022 to keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed. Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is designed for both tenant appeal and long-term value.
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