États-UnisNew YorkPoughkeepsie1 Morgan Avenue

1 Morgan Avenue
1 Morgan Avenue Poughkeepsie, New York 12601 États-Unis

$600,000
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Legacy Land & Homes LLC

Listing Courtesy of Legacy Land & Homes LLC, Email/Phone : (845) 206-9462

About 1 Morgan Avenue

Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 6.25%+ cap rate, but there's room to grow, pro forma at current market rent puts this over 7.5 cap rate! Presently, only one unit is leased at market rent, providing an exclusive advantage to the new owner an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!

Listing Courtesy of Legacy Land & Homes LLC, Hudson Gateway Multiple Listing Service, Inc. (HGMLS), Email/Phone : (845) 206-9462

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

PROPERTY INFORMATION

Basement
Unfinished
Garage Info
0
Heating
Natural Gas, Hot Water
Parking Description
On Street
Sewer
Public Sewer
Water
Public

ADDITIONAL INFORMATION

Number of Units
4
$600,000
AUTRE DEVISE
4
Chambres
4
Salles de bains complètes
5,160 Pi. ca.
Intérieur
.1 HECTARES
Extérieur
Single Family Homes
Type de propriété
1920
Année de construction
H6291497
ID Web
H6291497
ID MLS
Poughkeepsie City
Arrondissement scolaire
Warring Magnet Acad Of Sci & Tech
Primaire
Poughkeepsie Middle School
Collège
Poughkeepsie High School
Lycée
Listing Courtesy of Legacy Land & Homes LLC, Email/Phone : (845) 206-9462

Legacy Land & Homes LLC

Listing Courtesy of Legacy Land & Homes LLC, Email/Phone : (845) 206-9462

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