Listing Courtesy of: Curtis Darragh - Legacy Land & Homes LLC
845-206-9462
$600,000
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1 Morgan Ave Poughkeepsie, NY 12601
Other
Residence
4
Beds
4
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 7.91 cap rate, with room to grow, pro forma at current market rent puts this over 10.0 cap rate! 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!
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MLS#
H6320528
Property Type
Other
Bedrooms
4
Bathrooms
4 Full
Year Built
1920
Sewer
Public Sewer
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