5-13 Academy Street
Poughkeepsie,
NY
12601
- Commercial
- PRICE REDUCED
- Year Built 1900
- Multi Family
- ML# 801774
Property Details
Overview
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.
Key Facts
- •Taxes: $39,124
- •Sale or Rent: Sale
- •Construction Materials: Brick
- •Stories: 3
- •Heat: Electric
- •A/C: Wall/Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
eRealty Advisors, Inc
914-712-6330
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS