Address
69 Academy Street Poughkeepsie, NY
Price
$ 615,000
Property Attributes
  • MLS#H6106614
  • TypeMulti-Family
  • CountyDUTCHESS
  • CityPoughkeepsie
  • AreaPoughkeepsie City
  • NeighborhoodPoughkeepsie
  • Zip12601
  • StyleMulti Family
  • Year Built1920
  • Taxes13648
  • Price$ 615,000
  • Bedrooms5
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4396
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Sally Ann Possidente with Coldwell Banker Realty
Data Source:
OneKey MLS
Property Description

Fabulous and meticulously maintained 6-family home in the heart of Poughkeepsie. All apartments are currently rented with leases in place. Units are all below market value and can be increased substantially at end of lease terms. Prime investment opportunity. All 6 units are fully leased through 2022. All units can be increased at end of lease terms. Current CAP 6% with a Projected CAP of 10% upon termination of leases in April/May 2022 First floor: Apt A - Studio, Apt B-Studio, Back Entry - Apt F- One Bedroom. Second floor: Apt C - One bedroom & Apt D one bedroom. Upper level Unit E - 2 bedroom. Lower level basement is unfinished and has tons of storage. Parking for 6 cars! New Roof, Siding, Windows, Driveway, Gas Furnace 1997, 6 Hot Water Heaters. Great for investment property, close to highways, bus, shops, schools, parks, and Metro-North Train.

Elementary School Middle School High School
Gov George Clinton School Elementary School Poughkeepsie Middle School Poughkeepsie High School
Price History
4/14/2021 Listed $615,000

General Features

Buildingareaunits Square Feet
Community Features Park, Near Public Transportation
Construction Materials Block, Frame, Vinyl Siding
Cooling None
Elementary School Gov George Clinton School
Elementary School District Poughkeepsie
Fuel Expense 4700.00
Garage Spaces 0.00
Heating Natural Gas, Baseboard, Hot Water
High School Poughkeepsie High School
High School District Poughkeepsie
Hot Water Electric Stand Alone
Interior Features Cathedral Ceiling(s), Eat-in Kitchen
Middle/Junior High School Poughkeepsie Middle School
Middle/Junior School District Poughkeepsie
Numberofheatingzones 6
Parking Features Driveway, Parking Lot, Unassigned
Property SubType Multi Family
Property Type Residential Income
Sewer Sewer
Tax Annual Amount 13648.00
TaxAssessedValue 300300
Total Units 6
Trash Expense 1600.00
Village None

Exterior Features

Lot Features Level, Near Public Transit
Lot Size Acres 0.1100
Lot Size Area 0.1100
Lot Size Source Other
Lot Size Square Feet 4792.00
Lot Size Units Acres
Number of Separate Electric Meters 7
Number of Separate Gas Meters 1
Roadresponsibility Public Maintained Road
Total Parking 6.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 12601

Price
AVG $300K
$620K
Taxes
AVG $6,040
$13,648
Visits
AVG 12
30
Year Built
AVG 1910
1920
Walkscore
AVG 70
82
Data Provided by Walkscore ® not using MLS data
Fair Housing Icon NY Fair Housing Notice