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1 Morgan Avenue, Poughkeepsie, NY, 12601 $600,000

Misc For Sale 4 Beds , 4 Full Bath , 5160 SqFt 

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Details ML#: H6320528  

  • # of Families: 4
  • Year Built: 1920
  • Taxes: $10,247
  • Status:Active

Description

Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.91 cap rate, with room to grow, pro forma at current market rent puts this over 10.0 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you’re a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it’s gone!

More Property Details

Room Information

Bedroom: 4   Full Bath: 4  

Property Features

Lot Size: 0.1   Lot Sq Ft: 4356   Approx. Int. Sq. Ft.: 5160.00   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Natural Gas, Radiant   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $10,247  

Local Area Information

School District: Warring Magnet Acad Of Sci & Tech  

Listing Information provided courtesy of Legacy Land & Homes LLC  845 2069462
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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