Description
Welcome to 12 Parker Avenue. This multi-family home features 3 ample sized units on a quaint street located in the City of Poughkeepsie across from the Walkway Over the Hudson. With easy access to route 9, downtown and the Mid-Hudson bridge it is a commuters dream. The home boasts hardwood floors throughout each floor, character galore and several updates. Generate income right away with two units that have tenants and the third ready to rent out! Rented out unit is under market price and due for an increase in rent. All 3 rented at market value would bring in roughly $4,500-5,000 per month. Factor that with low expenses and you're looking at net operating income potential of $47,200 off the bat.
-
7BEDS
-
0.12ACRES
-
3BATHS
-
01/2 BATHS
-
2,520SQFT
-
$0$/SQFT
School Information
Description
Welcome to 12 Parker Avenue. This multi-family home features 3 ample sized units on a quaint street located in the City of Poughkeepsie across from the Walkway Over the Hudson. With easy access to route 9, downtown and the Mid-Hudson bridge it is a commuters dream. The home boasts hardwood floors throughout each floor, character galore and several updates. Generate income right away with two units that have tenants and the third ready to rent out! Rented out unit is under market price and due for an increase in rent. All 3 rented at market value would bring in roughly $4,500-5,000 per month. Factor that with low expenses and you're looking at net operating income potential of $47,200 off the bat.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2023-06-04T16:17:11.253.