$600,000
4 beds | 4 baths | 0.10 acres | #H6320528

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!

  • Interior Details
    • Heating & Cooling
      • Heating:Natural Gas, Hot Water
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Measurements
      • Acres:0.1
    • Parking
      • Parking features:On Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1920
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Poughkeepsie
      • Elementary School:Warring Magnet Acad Of Sci & Tech
      • Middle School:Poughkeepsie Middle School
      • High School:Poughkeepsie High School
      • County:Dutchess
  • Financial Details
    • Pricing Details
      • Original List Price:$600, 000
      • Taxes annual:$10, 247
  • Other
    • Source
      • MLS #:H6320528

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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