$325,000
Active
35 Days Online
4 Beds2 Baths1,828 SQFT
Active

373 Church Street Poughkeepsie, NY 12601

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Accepted Offer -Exceptional Income-Producing Property with 2 Units and Potential for a 3rd Unit with permits and investigation of zoning Discover the potential of this wonderful income-generating property featuring two fully functional units and the possibility of a third unit, all complemented by its own rear parking lot for added convenience. Property Highlights: First Floor Unit: Layout: Two bedrooms, kitchen, full bathroom, and living room. Upgrades: Equipped with a newer furnace and hot water heater. Utilities: Separate meter, with tenants paying for their own utilities. Second Floor Unit: Layout: Two bedrooms, living room, kitchen, full bathroom, and a bonus room currently used as a small bedroom. Utilities: Separate meter, with tenants paying for their own utilities. Third Floor Potential Unit. Need Bldg permits and possible variance. Utilities: Water, sewage, and gas line already brought into the third floor. Electrical: Separate fuse panel box. Progress: Mostly sheet rocked with two bedrooms, ready for final touches to become a complete unit. Building Details: Above Grade: 1828 sq ft Unfinished Square Feet: 800 sq ft Below Ground Square Feet: 300 sq ft Roof: Asphalt shingles Heating: Gas Investment Benefits: Reliable income from current tenants. Separate meters for each unit ensure that tenants cover their own utility costs. Opportunity to increase rental income by finishing the third-floor unit. Rear parking lots add significant value for tenants with vehicles. This property is a fantastic opportunity for investors looking to maximize their returns with a fully functional duplex and the added potential of a third rental unit. Don't miss out on this prime investment opportunity!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyDutchess
  • Taxes$5,213
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusActive
  • MLS ID NumberH6318467
  • Home Size Source N/A
  • Year Built1920
  • Lot Size0.07 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Parking Off Street
  • Sewer Public Sewer
  • Acreage 0.07
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling None
  • Heating Natural GasSee Remarks

Community Features

  • Senior Community No

Schools

School District
Poughkeepsie
Elementary School
Seymour Smith Intermediate Lrn Ctr
Middle School
Poughkeepsie Middle School
High School
Poughkeepsie High School

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Monthly Payment (Est.)

$1,572
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