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Poughkeepsie Multifamily Redevelopment Opportunity

95 Cannon St Poughkeepsie, NY 12601

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For Sale
$350,000

Three-story multifamily property in Poughkeepsie Innovation District.

Type:Investment
Added:
May 9, 2026
Days on Market:
63
Last Refresh:
May 9 at 1:25 am

Property Features for 95 Cannon St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1920

Listing office Keller Williams Realty Partners

Listing date May 9, 2026

Source Elliman

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

Location Intelligence

Current Use by Public Records

Graham Jeffrey S Law Firm

Suggested Use

Computer & Electronic Repair Acupuncture Pet Grooming Service Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store Catering Service Pet Store

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

FAQs

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 $350,000.
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.
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