7 Fox Terrace, Poughkeepsie, NY, 12603

7 Fox Terrace, Poughkeepsie, NY, 12603

6 beds

2 Full baths

1925

Colonial

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 recent renovations, including the entire first-floor unit. The second-floor unit offers the added benefit of a full standing-height, walk-up attic, providing ample extra storage space. Both units have separated 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: Pathstone (unit 1) and Poughkeepsie Housing Authority (Unit 2) on standard one year leases ($2,000 and $1,900 per month respectively). 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.


Status:

Active

Type:

Residential Income

Units:

2

Heating:

Hot Water

Cooling:

Wall/Window Unit(s)

Basement:

Full

Parking:

On Street

Acreage:

0.06

Est. Taxes:

$6,724

Assessment

$197,200

Construction

HardiPlank Type

Utilities

Trash Collection Public

Lot Description:

Near Public Transit, Near School, Near Shops, Level

Elementary School:

Gov George Clinton School

Middle School:

Poughkeepsie Middle School

High School:

Poughkeepsie High School

School District:

Poughkeepsie

Days on Market:

59

MLS #:

823422


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Coldwell Banker Realty 914-232-7000