Ter Poughkeepsie, NY 12603
- Commercial real estate
- 7,866 SF
Current Use by Public Records
- Commercial real estate
Property Details for Ter
- Year built
- 1910
- Property size
- 7,866 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity in Poughkeepsie, NY presents a portfolio of three multi-family buildings comprising a total of eight rental units. The property consists of one duplex and two triplexes, all situated on a single lot totaling 7,866 square feet. Each unit features a spacious layout, including a bright living room, an eat-in kitchen, and a full bathroom. A comprehensive renovation has been completed on the entire property, encompassing exterior improvements, updated utility systems, and interior renovations in six of the eight units. All units are separately metered for utilities, with tenants responsible for electricity, gas (heating, cooking, and hot water), and other individual utility costs. The landlord covers only common area lighting and water. Currently, all eight units are occupied under standard leases, generating a stable income stream. The property benefits from a central location providing easy access to local amenities, schools, and transportation. Security features include exterior lighting and security cameras on all buildings. Please note that interior access is currently very limited. This property is available for purchase as a complete package or individually. The asking price for the entire portfolio is $1,600,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Poughkeepsie
- County
- Dutchess County
- State
- New York
- Longitude
- -73.8792
- Latitude
- 41.6819