355-359 Mill Street

Poughkeepsie City, NY 12601
$1,750,000

Description

Amazing opportunity in the heart of Downtown Poughkeepsie! Possible re-development play bringing in $120K a year in gross income, $155k Pro-Forma. Totaling an acre, situated on the corner of Mill St and N Hamilton. Sale consists of 4 parcels total, 2 of them are vacant land with frontage on Mill St as well as N Hamilton, in the creative edge zoning districts. 355 Mill currently warehouse/office owner occupied, C-3 zoning and 359 Mill, mixed use, C-3 zoning, 4 family home of 1 bedrooms, a studio and salon, and 8 garages total in the rear of the lot. All spaces currently occupied with long standing tenants. Municipal water, sewer and natural gas. Be a part of the revitalization of Poughkeepsie!

  • Interior Details
    • Heating & Cooling
      • Cooling:None, Window Unit(s)
      • Heating:Electric, Natural Gas, Baseboard, Forced Air
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Appliances:Oven, Refrigerator
  • Community and Neighborhood Details
    • Location
      • School district:Poughkeepsie
      • County:Dutchess
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 750, 000
      • Buying Agency Compensation:2%
      • Taxes annual:$39, 357
  • Other
    • Source
      • MLS #:H6311648

Location

Keller Williams LandmarkAsk Vinny Thompson team
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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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.

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Loan Amount
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