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$2,275,000
123 Days On Site
5-13 Academy StreetPoughkeepsie, NY12601
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
11,361
SqFt
$200
/SqFt
1900
Built
County:
Dutchess
Listing courtesy of eRealty Advisors, Inc [email protected]
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TURN-KEY INVESTMENT of 9% cap rate. Property Overview: Unit Mix: There are 12 units, 8 residential and 4 commercial. Condition: In 2023, 4 units underwent complete gutting, while the other 4 units were renovated during the same year. Unit Sizes: Four are three bedrooms and include a washer/dryer. The other four units are spacious two-bedroom units. There are floor plans to convert them into three-bedroom units potentially. The tenants are paying all utilities except the water. There is potential to add a few more units Without extending the building, further increasing its value and income potential.
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Listing Snapshot
Price
$2,275,000
Days On Site
123 Days
Bedrooms
N/A
Inside Area (SqFt)
11,361 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1900
MLS® Number
801774
Status
Active
Property Tax
$39,124
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Price changed to $2,275,000 | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 4 months ago | Status changed to Active | |
| 4 months ago | Listing first seen on site |
General Features
Number Of Stories
3
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
11361
Utilities
See Remarks
Water Source
Public
Interior Features
Appliances
DishwasherDryerElectric OvenElectric RangeFreezerMicrowaveRefrigerator
Basement
Unfinished
Cooling
Wall/Window Unit(s)
Heating
Electric
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Exterior Features
Construction Details
Brick
Listing courtesy of eRealty Advisors, Inc [email protected]
Based on information submitted to the MLS GRID as of 2025-04-04 01:12 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of 2025-04-04 01:12 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
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