40 S Hamilton ST new Save Request In-Person Tour Request Virtual Tour
Poughkeepsie,NY 12601
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,238 sqft
Price per Sqft $176
MLS Listing ID KEY840027
Style Victorian
Bedrooms 9
Full Baths 7
Half Baths 2
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1891
Annual Tax Amount $16,585
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Single Family Residence
Property Description
BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT 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 a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, 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!
Location
State NY
County Dutchess County
Rooms
Basement Finished,Full,Storage Space,Walk-Out Access
Interior
Interior Features First Floor Full Bath,Beamed Ceilings,Built-in Features,Entrance Foyer,Formal Dining,High Ceilings,Primary Bathroom,Washer/Dryer Hookup
Heating Radiant
Cooling None
Fireplace No
Appliance Dishwasher,Dryer,Gas Cooktop,Gas Oven,Microwave,Refrigerator,Washer
Exterior
Parking Features Driveway,On Street,Parking Lot
Utilities Available Trash Collection Public
Total Parking Spaces 5
Garage false
Building
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Structure Type Brick
Schools
Elementary Schools G W Krieger School
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie High School
School District Poughkeepsie City
Others
Senior Community No
Special Listing Condition None