122 S Cherry St, Poughkeepsie, NY 12601

Located at 122 S Cherry Street in the City of Poughkeepsie, this triplex investment property offers a redevelopment or restoration opportunity. The building has sustained fire damage and is being sold in its current condition, presenting potential for investors, builders, or buyers seeking a value-add project. It is conveniently and centrally located near downtown Poughkeepsie, just minutes from the Poughkeepsie Metro-North station with direct service to Grand Central Terminal. The property also provides easy access to Route 9, the Mid-Hudson Bridge, the Taconic State Parkway, and Interstate 84 for convenient regional travel. Nearby points of interest include the Walkway Over the Hudson, Marist College, Vassar College, Dutchess Community College, the Culinary Institute of America, and the vibrant waterfront district along the Hudson River. Residents can also enjoy shopping and dining at the Poughkeepsie Galleria, local restaurants, farmers markets, and numerous parks and recreational spaces throughout the Hudson Valley. The property has a bike score of 60, making it bikeable, a walk score of 68, indicating it is somewhat walkable, and a transit score of 34, suggesting some transit options are available. This centrally located property has strong future potential in one of Dutchess County’s most established rental markets.