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Single Family House in Dutchess County
MLS Number840027
Address40 S Hamilton Street, Poughkeepsie, NY 12601 show map
Price$749,999 show mortgage calculator
Acres0.33999081726354
Bedrooms9
Bathrooms7 / 2
Year Built1891
Est. Sq. Footage4238
Elementary SchoolG W Krieger School
Jr High-Middle SchoolPoughkeepsie Middle School
High SchoolPoughkeepsie High School
Estimated Taxes$16,585
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BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT ENHANCEMENT. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!

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This listing is Courtesy of The Select Team, LLC ().

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