Description
Amazing opportunity for first-time home buyers to invest in real estate with this stunning newly renovated two-family home in the heart of Poughkeepsie. Live in one unit, rent out the other, and generate passive income while building equity in your own property. Each unit boasts a bright and airy living room, eat-in kitchen, 3 bedrooms, a full bathroom, and a convenient laundry closet. The second floor unit also features a lovely back deck, perfect for enjoying your morning coffee or evening tea. The spacious yard offers ample room for outdoor gatherings, barbecues, or simply relaxing. In addition, the large unfinished basement provides plenty of storage space. The gut renovation has transformed this property into a modern and functional oasis, with sleek finishes and brand new appliances throughout. This versatile property can be used as a comfortable home for yourself and/or as an investment property. At market rent ($2,400) and projected taxes ($7,800) income is $57,600 with 9.6% cap rate.
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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1,924SQFT
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$260$/SQFT
School Information
Description
Amazing opportunity for first-time home buyers to invest in real estate with this stunning newly renovated two-family home in the heart of Poughkeepsie. Live in one unit, rent out the other, and generate passive income while building equity in your own property. Each unit boasts a bright and airy living room, eat-in kitchen, 3 bedrooms, a full bathroom, and a convenient laundry closet. The second floor unit also features a lovely back deck, perfect for enjoying your morning coffee or evening tea. The spacious yard offers ample room for outdoor gatherings, barbecues, or simply relaxing. In addition, the large unfinished basement provides plenty of storage space. The gut renovation has transformed this property into a modern and functional oasis, with sleek finishes and brand new appliances throughout. This versatile property can be used as a comfortable home for yourself and/or as an investment property. At market rent ($2,400) and projected taxes ($7,800) income is $57,600 with 9.6% cap rate.
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Listing courtesy of Re/Max Town & Country Fk: 845-765-6128. © 2023 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.Information Believed Accurate But Not Warranted.