7 Fox Terrace, Poughkeepsie, NY, 12603
$425,000
Single Family
For Sale
6 Beds
, 2 Full Bath
, 2000 SqFt
Details
ML#: H6324706
- Style: Colonial
- # of Families: 2
- Year Built: 1925
- Taxes: $6,724
- Status:Active
Description
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2, 000 and $1, 900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.
More Property Details
Bedroom: 6
Full Bath: 2
ConstructionMaterials: Balcony
Lot Size: 0.06
Lot Sq Ft: 2614
Approx. Int. Sq. Ft.: 2000.00
Parking Spaces: Yes
Parking Facilities: On Street
Heat: Natural Gas, Hot Water
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $6,724
School District#: 1
School District: Poughkeepsie City
Listing Information provided courtesy of
Coldwell Banker Realty
914-232-7000