7 Fox Terrace Poughkeepsie, NY 12603
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2, 000 and $1, 900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyDutchess
- Taxes$6,724
- HOA/Condo/Coop Fees$0
- Days on Site30 Days
- MLS StatusActive
- MLS ID NumberH6324706
- Home Size Source N/A
- Year Built1925
- Lot Size0.06 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style Two StoryColonial
- Construction FrameHardi Plank Type
- Parking On Street
- Basement Full
- Acreage 0.06
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling Window Unit(s)
- Heating Natural GasHot Water
- Interior First Floor BedroomEat-in Kitchen
Exterior Features
- Exterior Balcony
- Lot LevelNear Public Transit
Community Features
- Senior Community No