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271-273 Titusville Road

Poughkeepsie, NY 12603
  • $905,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: H6335550
UPDATED: 57 min ago
$905,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

Rare Lagrange mixed use opportunity including well established, thriving restaurant and five unit apartment building. Impeccably kept property with long term owner deciding to liquidate after nearly fifty years. Restaurant includes huge covered patio, bar and two dining rooms. Fixtures include two walk-in freezers, coolers, full kitchen & hood. Apartment building includes (1) 2 bedroom, (2) one bedrooms and (1) studio. Separate utilities for all apartments. Dedicated septic system and municipal water source for apartment building and restaurant. Large parking lot offering abundant space to easily accommodate residential tenants, restaurant staff and patrons. Annual NOI of $80,000+. Centrally located with exceptional visibility. An opportunity not to be missed.

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© 2024 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: 2024-12-13T15:18:40.3.
www.nicoleburkehomes.com/homes/157641245
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271-273 Titusville Road Poughkeepsie, NY 12603

  • Price: $905,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 57 min ago
  • MLS #: H6335550
0
Beds
0
Baths
0
½ Baths
1.09
Acres
1950
Built
Neighborhood:
La Grange
County:
Dutchess
Area:
La Grange
School District:
Arlington
Property Description
Rare Lagrange mixed use opportunity including well established, thriving restaurant and five unit apartment building. Impeccably kept property with long term owner deciding to liquidate after nearly fifty years. Restaurant includes huge covered patio, bar and two dining rooms. Fixtures include two walk-in freezers, coolers, full kitchen & hood. Apartment building includes (1) 2 bedroom, (2) one bedrooms and (1) studio. Separate utilities for all apartments. Dedicated septic system and municipal water source for apartment building and restaurant. Large parking lot offering abundant space to easily accommodate residential tenants, restaurant staff and patrons. Annual NOI of $80,000+. Centrally located with exceptional visibility. An opportunity not to be missed.
Exterior Features

Construction Materials Frame Lot Features Level Parking Features Parking Lot Waterfront YN No

Interior Features

Appliances Electric Water HeaterGas Water Heater Basement YN No Cooling Ductless

Property Features

Additional Fees YN No Additional Parcel YN No Annual Rental Income 120000 Association YN No Electric Company Central Hudson Gross Income 120000 Heating ElectricNatural GasBaseboardForced AirHeat Pump Net Operating Income 81000 Number Of Residential Units 5 Permitted Uses Food ServicesResidential Property Sub Type Retail Seasonal YN No Sewer Septic Tank Sprinkler System YN No Tax Annual Amount 15303 Usable Area 10030.00 Water Source Public Zoning 480

Listing courtesy of Daniel Axtmann of BHHS Hudson Valley Properties: 845-473-1650
© 2024 OneKey MLS. All rights reserved.


© 2024 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: 2024-12-13T15:18:40.3.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803