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    FOR SALE
    Dormitories

    13 N Hamilton St, Poughkeepsie, NY 12601

    3,200 SF
    Property ID
    US63-1130437
    Property summary
    AI-generated overview

    This exceptional four-unit multifamily property, located at 13 N Hamilton St in the Poughkeepsie, NY CBD, presents a compelling investment opportunity. The brick building boasts a total of 3,200 square feet and is currently 100% occupied, generating immediate cash flow. The property comprises two studio apartments, each approximately 650 square feet, and two one-bedroom, one-bathroom apartments, each approximately 950 square feet. All units have recently undergone renovations, featuring upgraded appliances, enhancing their appeal and rental potential. The asking price is $599,000, translating to a price per square foot of $187.19 and a price per unit of $149,750. Situated in Dutchess County, NY, zip code 12601, this Class B property offers a strong return on investment in a desirable location. The building's solid brick construction ensures durability and longevity, minimizing maintenance costs. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's high occupancy rate and recent renovations minimize immediate capital expenditure needs, allowing for a swift and efficient transition into ownership. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a thriving urban center.

    Property profile
    Verified
    Property type Dormitories
    Total area 3,200 SF
    UPID US63-1130437
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cillis Law, PLLC Law Firm
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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