58 Lincoln AvenuePoughkeepsie, NY12601
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!
| yesterday | Listing first seen on site | |
| yesterday | Listing updated with changes from the MLS® |
Based on information submitted to the MLS GRID as of 2025-04-03 01:06 AM 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.
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