Description
Amazing opportunity for first-time home buyers to invest in real estate w/this stunning newly renovated two-family home in the heart of Poughkeepsie. Live in 1 unit, rent out the other, & generate passive income while building equity in your own property. Each unit boasts a bright & airy living room, eat-in kitchen, 3 bedrooms, a full bathroom, & 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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6BEDS
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0.1ACRES
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2BATHS
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01/2 BATHS
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2,300SQFT
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$213$/SQFT
School Information
Description
Amazing opportunity for first-time home buyers to invest in real estate w/this stunning newly renovated two-family home in the heart of Poughkeepsie. Live in 1 unit, rent out the other, & generate passive income while building equity in your own property. Each unit boasts a bright & airy living room, eat-in kitchen, 3 bedrooms, a full bathroom, & 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.
© 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: 2023-06-04T18:16:18.72.