1. New York
  2. Poughkeepsie
  3. 108 Winnikee Avenue
$700,000

108 Winnikee Avenue, Poughkeepsie, NY 12601

  • 9 beds |
  • 3 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Turnkey three-family investment opportunity in the heart of the City of Poughkeepsie! Each unit features three bedrooms and one bathroom, all currently rented with consistent cash flow and a solid NOI of $61,309—with room for upside, as insurance costs can be optimized. The property has been thoughtfully updated: Unit 1 was fully renovated in April 2025 with a brand-new range and fridge; Unit 2 was fully renovated in April 2025 and includes a new range; Unit 3 was renovated three and a half years ago with a new fridge installed in November 2024. Common areas have also been updated and maintained within the past year. Ideally located just minutes from Poughkeepsie’s revitalized downtown, the Hudson River waterfront, Vassar College, Marist, and the Walkway Over the Hudson, this property offers convenience, strong rental demand, and long-term appreciation potential. Whether you're a first-time investor or a seasoned buyer looking to expand your portfolio, this fully leased, income-producing property is a smart and strategic acquisition.

Listing Status:
Active
Listing Office:
Century 21 Alliance Rlty Group : 845-297-4700
MLS ID:
850438
  • General: Open KitchenOther
  • Basement: Full
  • A/C: None
  • Heating: Hot WaterOther

This listing courtesy of Century 21 Alliance Rlty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Warring Magnet Academy of Science and Technology

283 Mansion St, Poughkeepsie, NY, 12601

Grades 1-5

0.25 miles away

P

Poughkeepsie Middle School

55 College Ave, Poughkeepsie, NY, 12603

Grades 6-10

0.65 miles away

P

Poughkeepsie High School

70 Forbus St, Poughkeepsie, NY, 12603

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.