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40 S Hamilton Street

Poughkeepsie, NY 12601
  • $749,999
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 876398
UPDATED: 29 min ago
$749,999
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

INVESTOR'S DREAM Beautiful Poughkeepsie Building currently being utilized as a 9-Unit SRO providing unique opportunity for future enhancement. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With 2 parking lots offering space for up to 14 cars, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!

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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: 2025-07-08T14:18:56.447.
www.nicoleburkehomes.com/homes/164788620
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40 S Hamilton Street Poughkeepsie, NY 12601

  • Price: $749,999
  • Status: Active
  • On Site: 26 Days
  • Updated: 29 min ago
  • MLS #: 876398
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1890
Built
Neighborhood:
Poughkeepsie (Town)
County:
Dutchess
Area:
Poughkeepsie (Town)
Property Description
INVESTOR'S DREAM Beautiful Poughkeepsie Building currently being utilized as a 9-Unit SRO providing unique opportunity for future enhancement. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With 2 parking lots offering space for up to 14 cars, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!
Exterior Features

Construction Materials Brick Lot Features Near Public TransitNear SchoolNear ShopsSee Remarks Parking Features DrivewayParking Lot Property Attached YN No Waterfront YN No

Interior Features

Basement Details CommonFullPartially FinishedWalk-Out Access Basement YN Yes Cooling None Elevator YN No

Property Features

Building Area Total 5286 Electric Company Central Hudson Gross Income 97000 Heating Radiant Lot Size Area 14810 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 16585.37 Tax Source Municipality Utilities Trash Collection Public Water Access YN No Water Source Public

Listing courtesy of Samuel Berek of The Select Team, LLC:
© 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: 2025-07-08T14:18:56.447.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803