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Poughkeepsie Multifamily Investment Opportunity

161 Union Street Poughkeepsie, NY 12601

Claim this Listing
For Sale
$399,000

MULTI_FAMILY - Poughkeepsie, NY

Lot size:
0.08 Acres
Added:
May 20, 2026
Days on Market:
56
Last Refresh:
Jul 14 at 6:06 am

Property Features for 161 Union Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Basement
Parking features
On Street
Interior features
Original Details
Basement
Unfinished
Standard status
Active
APN
131300-6062-84-907089-0000
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8191

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Water source
Public

Building Details

Year built
1907
Number of units
2
Building materials
Brick

Listing agent Matthew Cave

Listing office Hudson Property Services, LLC 695 Dutchess Turnpike,Ste. 110, Poughkeepsie, NY

Listing date May 20, 2026

MLS# 1002564 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-unit home presents a fantastic investment opportunity in Poughkeepsie. The property is centrally located near the Poughkeepsie train station, waterfront, Walkway Over The Hudson, Mid-Hudson Bridge, and Route 9. The first floor features a two-bedroom, one-bath apartment with hardwood floors and a modern vibe. The upstairs apartment includes two bedrooms and a large loft/flex space on the third floor. The property includes a large, level backyard and a full unfinished basement with utilities and storage space. Each unit has separate gas and electric meters, with residents responsible for their own heat, hot water, and electricity. Both units are currently on leases, generating an annual rent roll of $43,848. A brand new roof with a 50-year warranty has been installed. This well-maintained income property is situated in a trending downtown location and is suitable for multifamily or residential income purposes.

Key Highlights

  • Two‑unit brick home built in 1907 with separate gas and electric meters for each unit
  • Annual rent roll of $43,848 with both units currently on leases
  • Heating: baseboard heat with natural gas; separate utilities with residents paying heat, hot water, and electricity

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Computer & Electronic Repair Carpet & Flooring Store Acupuncture Furniture & Home Goods Veterinary Clinic Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit property near transportation and amenities with strong rental income.
Where is this duplex located?
The property is located at 161 Union Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑unit brick home built in 1907 with separate gas and electric meters for each unit; Annual rent roll of $43,848 with both units currently on leases; Heating: baseboard heat with natural gas; separate utilities with residents paying heat, hot water, and electricity
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