OneKey® MLS
  • Buy
  • Rent
  • Commercial
  • Find an Agent
  • Fair Housing Notices
  • Language
    Price range
    $
    $
    Bedrooms
    Bathrooms
    Home type
    Square feet
    Lot size
    Heating
    Cooling
    Parking spots
    Garage
    Basement
    Year built
    Max HOA
    Down payment assistanceDown payment assistance
    Tours
    View
    More amenities
    1 home
        1 home available
        1 Morgan Avenue, Poughkeepsie, NY 12601
        1 Morgan Avenue, Poughkeepsie, NY 12601
        $600,000
        4beds
        4bath
        5,160sqft
        0.1acres
        House for Sale
        Down payment assistanceDown Payment Help

        1 Morgan Avenue, Poughkeepsie, NY 12601

        Listing by: Legacy Land & Homes LLC
        1 - 1 of 1 results
        Copyright © 2024 OneKey® MLS LLC
        Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
        Equal opportunity
        Membio
        OneKey® MLS
        1 Morgan Avenue, Poughkeepsie, NY 12601
        $600,000
        Down payment assistanceDown Payment Help
        4beds
        4full,half bath
        5,160sqft
        0.1acres

        1 Morgan Avenue, Poughkeepsie, NY 12601

        City/Town:Poughkeepsie City   Post Office: Poughkeepsie     

        House for Sale by Curtis C DarraghLegacy Land & Homes LLC.

        Data checked -. Listing last updated 72 days ago.
        1. Overview
        2. Details
        3. More 

        Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 6.25%+ cap rate, but there's room to grow, pro forma at current market rent puts this over 7.5 cap rate! Presently, only one unit is leased at market rent, providing an exclusive advantage to the new owner an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!

        Details
          Property type
        Residential Income
          Year built
        1920
          Heating
        Natural Gas, Hot Water
          Cooling
        None
          Total rooms
          Garage
        No
          City/Town
        Poughkeepsie City
          Post Office
        Poughkeepsie
          Parking spots
        -
        H6291497
        MLS ID
        Active
        Status
        81
        Days on market
        2%
        Buyer agency compensation
        0%
        Seller agency compensation
        0%
        Broker agency compensation
          Basement
        Unfinished
          Laundry features
          Flooring
          Fireplace
        No
          Pets allowed
          Pool
        No
          Architectural Style
        2 Story
          View
        Interior features
        Appliances included
        Construction materials
        Monthly taxes
        $854
        Yearly taxes
        $10,247
        Community Features
        -
        School district
        Poughkeepsie
        Senior community
        No
        Common Charges
        -
        Maintenance
        -
        Additional Fees
        -
        Open Houses
        In-Person
        No upcoming in-person open houses
        Virtual
        No upcoming virtual open houses
        Contact Agent
        Curtis C Darragh
        Curtis C Darragh
        Real Estate Broker, Legacy Land & Homes LLC
        Direct Number 
         
        Location
        Route 44/55 (aka the arterial) West to right onto Corlies Ave, to left onto Mansion Street to right onto Morgan Avenue, to #1 on right side.
        For Sale Nearby
        No nearby homes are For Sale Nearby.
        Recently Sold
        No nearby homes have been Recently Sold.
        1 Morgan Avenue, Poughkeepsie, NY 12601, is a 4 bedroom, 4 bathroom, 5160 sqft. Multi Family built in 1920. This property is currently available for sale and was listed on OneKey® MLS on 2-25-2024. The MLS# for this Multi Family is MLS# H6291497.
        Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
        Copyright ©2024 OneKey® MLS LLC