2 Poplar Street Poughkeepsie, NY 12601
Well-maintained two-family property with strong rental income potential.
- Added:
- May 4, 2026
- Days on Market:
- 72
- Last Refresh:
- Jul 2 at 8:25 am
Property Features for 2 Poplar Street
General Information
- Standard status
- Active
- Size
- 1,512 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1936
Listing office Coldwell Banker Village Green Realty Kingston
Listing date May 4, 2026
Source Crexi
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 Coldwell Banker Village Green Realty Kingston
Investment Insights
Based on property information with market context.
Key Highlights
- Highly convenient location near Marist College, Dutchess Community College, and the Culinary Institute of America, driving strong rental demand.
- Turnkey two‑family property with strong in‑place rental income and a clean expense profile, providing immediate cash flow.
- Each unit features 2 bedrooms and 1 full bathroom, offering comfortable and functional layouts.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.3k | $27.96 |
| − Vacancy | −$2.2k | −$1.45 |
| EGI | $40.1k | $26.51 |
| − OpEx | −$12.0k | −$7.95 |
| NOI | $28.1k | $18.55 |
