Duplex with Multilevel
For Sale
$425,000
320 Church Street, Poughkeepsie, NY 12601
Each residence has two bedrooms and one bathroom, with tenants responsible for all utilities.
Property Size2,151 SF
Price / SF$197.58
Days on Market15
Property Features for 320 Church Street
General Information
Standard status
Active
Size
2,151 SF
Total Parking Spaces
5
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,786
Amenities
private balcony
front porch
First Floor Bedroom
First Floor Full Bath
Formal Dining
High Ceilings
Original Details
Other
Balcony
Mailbox
Rain Gutters
Building Details
Building Size
2,151 SF
Year Built
1921
Units
2
Listing Agency:
Gillian Stewart Real Estate
(845) 855-5092
Listed By:
Gillian Stewart
(845) 656-4449
Source:
Gillianstewart
Added: Oct 10
Changed: Oct 23
Last Checked: Oct 23 at 3:31PM
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 Gillian Stewart Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 320 Church Street in Poughkeepsie, this 1921 duplex contains two apartments, each with two bedrooms and one bathroom. The lower unit measures 1,088 square feet and the upper unit 1,063 square feet, for 2,151 square feet combined. The upstairs apartment includes a private balcony, and the home has a recently installed front porch.
A separate, multilevel outbuilding adds space for storage or work. Tenants pay all utilities.
A separate, multilevel outbuilding adds space for storage or work. Tenants pay all utilities.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 2,151 square feet total: 1,088 square feet downstairs and 1,063 square feet upstairs
- Separate multilevel outbuilding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,954
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,080
$739.1K
Cap Rate 7%
$527,914
$527.9K
Cap Rate 9%
$410,600
$410.6K
Market Conditions
NOI Build-Up for 2,151 SF
Gross rent
$70.7K $32.88/SF
− Vacancy
−$3.5K −$1.64/SF
EGI
$67.2K $31.24/SF
− OpEx
−$30.2K −$14.06/SF
NOI
$37.0K $17.18/SF
Area
Dutchess County, NY
Vacancy
5.00%
Lease Rate
$32.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,080
Cap Rate 7%
$527,914
Cap Rate 9%
$410,600
Alternative Uses
Best Use
Multifamily LT 5
$570.1K
$498.9K – $665.2K
NOI $39,910 @ 7.0% cap · market cap 9.39%
Second Best
Apartment 5plus
$527.9K
$461.9K – $615.9K
NOI $36,954 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$647.5K
$566.6K – $755.4K
NOI $45,324 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,669
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with tenants responsible for all utilities.
Where is this duplex located?
The property is located at 320 Church Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 2,151 square feet total: 1,088 square feet downstairs and 1,063 square feet upstairs; Separate multilevel outbuilding
