58 Lincoln Avenue, Poughkeepsie, NY, 12601
9 beds
3 Full baths
1900
Triplex
High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!
Status:
Active
Type:
Single-family residential
Units:
3
Heating:
Other
Cooling:
None
Basement:
Unfinished
Acreage:
0.08
Est. Taxes:
$8,973
Assessment
$370,300
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
School District:
Poughkeepsie
Days on Market:
11
MLS #:
837183
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Legacy Land & Homes LLC 845-206-9462