40 S Hamilton ST new Save Request In-Person Tour Request Virtual Tour
Poughkeepsie,NY 12601
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 876398
Rental Info No
Year Built 1890
Annual Tax Amount $16,585
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Multi Family
Source onekey2
Property Description
INVESTOR'S DREAM – Beautiful Poughkeepsie Building currently being utilized as a 9-Unit SRO providing unique opportunity for future enhancement.
A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With 2 parking lots offering space for up to 14 cars, there is additional income potential.
Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!
Location
State NY
County Dutchess County
Rooms
Basement Common,Full,Partially Finished,Walk-Out Access
Interior
Heating Radiant
Cooling None
Fireplace No
Exterior
Parking Features Driveway,Parking Lot
Utilities Available Trash Collection Public
Building
Lot Description Near Public Transit,Near School,Near Shops,See Remarks
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None