373 Church ST Pending

Poughkeepsie,NY 12601

$ 325000

4 Beds

2 Baths

1828 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,828 sqft

Price per Sqft $177

MLS Listing ID H6318467

Bedrooms 4

Full Baths 2

Originating Board onekey

Rental Info No

Year Built 1920

Annual Tax Amount $5,213

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Now in Contract -Exceptional Income-Producing Property with 2 Units and Potential for a 3rd Unit with permits and investigation of zoning Discover the potential of this wonderful income-generating property featuring two fully functional units and the possibility of a third unit, all complemented by its own rear parking lot for added convenience. Property Highlights: First Floor Unit: Layout: Two bedrooms, kitchen, full bathroom, and living room. Upgrades: Equipped with a newer furnace and hot water heater. Utilities: Separate meter, with tenants paying for their own utilities. Second Floor Unit: Layout: Two bedrooms, living room, kitchen, full bathroom, and a bonus room currently used as a small bedroom. Utilities: Separate meter, with tenants paying for their own utilities. Third Floor Potential Unit. Need Bldg permits and possible variance. Utilities: Water, sewage, and gas line already brought into the third floor. Electrical: Separate fuse panel box. Progress: Mostly sheet rocked with two bedrooms, ready for final touches to become a complete unit. Building Details: Above Grade: 1828 sq ft Unfinished Square Feet: 800 sq ft Below Ground Square Feet: 300 sq ft Roof: Asphalt shingles Heating: Gas Investment Benefits: Reliable income from current tenants. Separate meters for each unit ensure that tenants cover their own utility costs. Opportunity to increase rental income by finishing the third-floor unit. Rear parking lots add significant value for tenants with vehicles. This property is a fantastic opportunity for investors looking to maximize their returns with a fully functional duplex and the added potential of a third rental unit. Don't miss out on this prime investment opportunity!

Location

State NY

County Dutchess

Interior

Heating Natural Gas,See Remarks

Cooling None

Fireplace No

Exterior

Garage Off Street

Parking Type Off Street

Garage false

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Seymour Smith Intermediate Lrn Ctr

Middle Schools Poughkeepsie Middle School

High Schools Poughkeepsie High School

School District Poughkeepsie

Others

Senior Community No

Special Listing Condition None

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