Poughkeepsie Multifamily Redevelopment
For Sale
$325,000
95 Cannon St, Poughkeepsie, NY 12601
Three-story multifamily property in Poughkeepsie Innovation District.
Property SizeContact for details
Days on Market108
Property Features for 95 Cannon St
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$5,993
Building Details
Year Built
1920
Units
3
Listing Agency:
Keller Williams Realty Partners
(845) 489-7046
Listed By:
Ronald C. Green · License #10401201488
(845) 489-7046
Source:
Elliman
Added: May 9
Changed: Aug 22
Last Checked: Aug 24 at 6:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Partners
Investment Insights
Based on property information with market context.
Located in the heart of Poughkeepsie, this three-story multifamily property presents an exceptional investment opportunity. Situated along the Main Street corridor within the newly established Poughkeepsie Innovation District (PID-B), the property offers exciting redevelopment possibilities and may qualify for available grants, incentives, and redevelopment programs. The building features a classic mansard roof and original architectural details. The property includes 7 bedrooms across three units, with spacious layouts featuring large living rooms, dining areas, and generously sized bedrooms. High ceilings, original woodwork, fireplaces, and oversized windows provide a strong foundation for renovation. Upper levels offer additional space ideal for reconfiguration or potential expansion of living areas. The property sits on a deep lot with off-street parking potential and is centrally located near downtown Poughkeepsie, Metro-North, hospitals, restaurants, and the Hudson River waterfront. The property has additional garden level potential. This full rehab project is being sold as-is, perfect for investors looking to maximize rental income or resale value. The location has a walk score of 63, transit score of 52, and bike score of 30.
Key Highlights
- Located in the Poughkeepsie Innovation District (PID‑B), potentially allowing for conversion to a larger apartment building.
- May qualify for available grants, incentives, and redevelopment programs.
- Centrally located near downtown Poughkeepsie, Metro‑North, hospitals, restaurants, and the Hudson River waterfront.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,487
Businesses Nearby
Explore this area
Business Placement
Demographics for 12601, NY
44,264
Population
17,972
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
18.3 sq mi
ZIP Area
2,419
Density / Sq Mi
$64,769
Median Household Income
$37,259
Median Earnings
$1,376
Median Rent
$275,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story multifamily property in Poughkeepsie Innovation District.
Where is this apartment building located?
The property is located at 95 Cannon St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Located in the Poughkeepsie Innovation District (PID‑B), potentially allowing for conversion to a larger apartment building.; May qualify for available grants, incentives, and redevelopment programs.; Centrally located near downtown Poughkeepsie, Metro‑North, hospitals, restaurants, and the Hudson River waterfront.
