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1 Morgan Avenue

Poughkeepsie, NY 12601
  • $600,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 817405
$600,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

School District:

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 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owneran 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!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-03-15T00:18:29.13.
www.nicoleburkehomes.com/homes/159939009
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1 Morgan Avenue Poughkeepsie, NY 12601

  • Price: $600,000
  • Status: Active
  • On Site: 42 Days
  • MLS #: 817405
4
Beds
4
Baths
0
½ Baths
0.1
Acres
1920
Built
Neighborhood:
Poughkeepsie
County:
Dutchess
Area:
Poughkeepsie
Elementary School:
Warring Magnet Acad Of Sci & Tech
Middle School:
Poughkeepsie Middle School
High School:
Poughkeepsie High School
School District:
Poughkeepsie City
Property 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 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owneran 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!
Exterior Features

Carport YN No Construction Materials Frame Garage YN No Lot Features Near School Parking Features On Street Property Attached YN No Waterfront YN No

Interior Features

Attic Unfinished Basement Details Unfinished Basement YN Yes Cooling None Interior Features Other Num Of1 Bed Rooms 4 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0

Property Features

Additional Fees YN No Building Area Total 5160 Electric Company Central Hudson Heating Natural GasRadiant Number Of Separate Gas Meters 4 Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Street View Param 1$41.704917$-73.913514$286.24$13.33$1.00$cGF193rvNe7lqhQq9kbE7Q Tax Annual Amount 10247 Tax Source Municipality Utilities Trash Collection Public Water Access YN No Water Sewer Expense 1710 Water Source Public

Listing courtesy of Curtis Darragh of Legacy Land & Homes LLC: 845-206-9462
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-03-15T00:18:29.13.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803