7 Fox Terrace
Poughkeepsie City, NY 12603
$425,000
6 beds | 2 baths | 0.06 acres | #H6324706
For Sale
Description
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place.
Interior Details
Interior Features
- Interior:First Floor Bedroom, Eat-in Kitchen
Heating & Cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas, Hot Water
Beds & Baths
- Bedrooms:6
- Bathrooms:2
- Full Baths:2
Property Details
Property
- Lot description:Level, Near Public Transit
- Exterior materials:Balcony
Measurements
- Acres:0.06
Parking
- Parking features:On Street
Construction Details
Type & Style
- Property type:Purchase
- Basement:1
Condition
- Year built:1925
Utilities / Energy Details
Utility
- Sewer information:Sewer
- Utility source:Public
Community and Neighborhood Details
Location
- School district:Poughkeepsie
- Elementary School:Gov George Clinton School
- Middle School:Poughkeepsie Middle School
- High School:Poughkeepsie High School
- County:Dutchess
Financial Details
Pricing Details
- Original List Price:$425, 000
- Taxes annual:$6, 724
Other
Source
- MLS #:H6324706
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Barry Malawer
Listing Office: Coldwell Banker Realty
Keller Williams LandmarkAsk Vinny Thompson team
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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