40 S Hamilton Street, Poughkeepsie, NY, 12601
24 rooms
9 beds
7 Full / 2 Half baths
1891
Victorian
4,238 sqft
BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT 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 a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, 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!
Status:
Active
Type:
Single-family residential
Heating:
Radiant
Cooling:
None
Basement:
Finished, Full, Storage Space, Walk-Out Access
Parking:
5-car, Driveway, On Street
Acreage:
0.34
Est. Taxes:
$16,585
Assessment
$509,700
Construction
Brick
Utilities
Trash Collection Public
Elementary School:
G W Krieger School
Middle School:
Poughkeepsie Middle School
High School:
Poughkeepsie High School
School District:
Poughkeepsie
Days on Market:
11
Appliances:
Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
MLS #:
840027
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of The Select Team, LLC Phone: 914-825-5938