$325,000 ($177.79 per sqft)

Pending

Est. Mortgage $1,708/mo *

Quick Pre-Approval

373 Church Street, Poughkeepsie, (Poughkeepsie City), NY, 12601

373 Church Street, Poughkeepsie, (Poughkeepsie City), NY, 12601

4 beds

2 Full baths

1920

Multi Family

1,828 sqft

Now in Contract -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!


Status:

Pending

Town:

Poughkeepsie

Type:

Multi-family

Units:

2

Heating:

Natural Gas, See Remarks

Cooling:

None

Parking:

Off Street

Acreage:

0.07

Est. Taxes:

$5,213

Assessment

$209,000

Elementary School:

Seymour Smith Intermediate Lrn Ctr

Middle School:

Poughkeepsie Middle School

High School:

Poughkeepsie High School

School District:

Poughkeepsie

Days on Market:

87

MLS #:

H6318467


Community Info

School Info

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Listing courtesy of Four Seasons Realty Group 845 2550019