1. New York
  2. Poughkeepsie
  3. 40 S Hamilton Street
$749,999

40 S Hamilton Street, Poughkeepsie, NY 12601

  • 5,286 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $142/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

INVESTOR'S DREAM – Beautiful Poughkeepsie Building currently being utilized as a 9-Unit SRO providing unique opportunity for future 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 2 parking lots offering space for up to 14 cars, 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!

Listing Status:
Active
Listing Office:
The Select Team, LLC : 914-825-5938
MLS ID:
876398
  • Basement: CommonFullPartially FinishedWalk-Out Access
  • A/C: None
  • Heating: Radiant

This listing courtesy of The Select Team, LLC

Monthly Payment

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

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Location

Schools Nearby

G

Gov George Clinton School

100 Montgomery St, Poughkeepsie, NY, 12601

Grades 1-5

0.11 miles away

P

Poughkeepsie Middle School

55 College Ave, Poughkeepsie, NY, 12603

Grades 6-10

0.78 miles away

P

Poughkeepsie High School

70 Forbus St, Poughkeepsie, NY, 12603

Grades 9-12

0.64 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.