NY > Poughkeepsie
Poughkeepsie, NY 12603,761 Main ST
Poughkeepsie, NY 12603,761 Main ST
Poughkeepsie, NY 12603,761 Main ST
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$850,000
Est. payment /mo
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6,098 Sqft Lot
Active

761 Main ST Poughkeepsie, NY 12603

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Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY836843

Originating Board onekey2

Rental Info No

Year Built 1920

Annual Tax Amount $27,035

Lot Size 6,098 Sqft

Acres 0.14

Property Description

High-Yield 6-Unit Investment Property in the Town of Poughkeepsie. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property.

Unlock the potential of 761 Main Street, Poughkeepsie, NY 12603 a 6-unit rental property offering strong returns in a growing market. With a gross annual income of $116,364, this property currently operates at a 6.46% cap rate, with the ability to reach a 7.33% pro forma cap rate by bringing below-market rents in line with current market rates, one unit has already been adjusted.

Each unit benefits from separate electric and gas meters, ensuring simplified management and efficient operations. Situated in a prime Main Street location, this property is within walking distance to local businesses, dining, and public transportation, making it a highly desirable rental opportunity.

Investors will appreciate the strong cash flow and immediate value-add potential, making this an excellent option for those seeking both stability and upside in the Hudson Valley rental market.

Schedule a private tour today and secure a high-performing investment property with significant growth potential!

Location

State NY

County Dutchess County

Rooms

Basement Unfinished

Interior

Heating Hot Water

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Sewer Public Sewer

Water Public

Schools

School District Arlington

Others

Special Listing Condition None

Listed by Legacy Land & Homes LLC

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agent

Jose Agudo

Agent

+1(917) 674-8131

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761 Main ST

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