82 Hamilton St Poughkeepsie, NY 12601
- Commercial real estate
- 26,120 SF
- 0.28 lot acres
Current Use by Public Records
- Alienshadow Games / Media Company
Property Details for 82 Hamilton St
- Year built
- 1927
- Lot size
- 0.28 lot acres
- Property size
- 26,120 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully rented 27-unit brick building situated on a desirable Southside Poughkeepsie location. The property boasts 26,120 square feet on a 0.28-acre lot, offering a compelling blend of income generation and potential for future appreciation. Each of the 27 apartments features a unique layout, highlighted by high ceilings, individual furnace and hot water tank systems, dedicated electrical panels, and energy-efficient windows. Spacious bedrooms are a common feature throughout. A fenced rear yard provides additional space for tenants' enjoyment. The property's strong financial performance is underscored by long-term, on-time paying tenants and separate utilities for each unit. This translates to a stable and predictable income stream for the investor. Its convenient location offers easy access to major commuter routes, Metro-North Railroad, local hospitals, a variety of restaurants, area colleges, and the picturesque Hudson River waterfront. The asking price for this multi-unit property is $3,495,000. Proof of funds is required to access the property's Profit & Loss statement and schedule a viewing. Please note that there is no assumable mortgage or owner financing available for this property
Value Estimation
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CAP approach
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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
- -73.925
- Latitude
- 41.6975
