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Listing Courtesy of: Justin LaFalce - Keller Williams Realty Partner 914-962-0007

$995,000

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337 Main St Poughkeepsie, NY 12601

Fourplex Residence

5 Beds

5 Baths

... Bed/Bath

7,639 Sq. Ft.

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Last updated on 12/12/2024 10:40 AM

Listing Details

Located in the heart of the Poughkeepsie Central Business District, 337 Main is a prime 3-story, 8,060 SF mixed-use property offering a diverse range of possibilities for retail, office, and medical uses. The building features a stable income stream with two updated, fully-occupied 2-bedroom, 2-bath... apartments and one updated, fully-occupied 1-bedroom apartment. Gross income from the apartments of almost $6200/mo and with the vacant commercial space gross income potential of over $100K! The ground-floor retail space, a spacious 3,300 SF "vanilla-box," is vacant and offers an excellent opportunity for a new tenant. With a competitive asking rent of $14-16/SF gross, plus utilities, the retail space provides strong leasing potential. The property has been meticulously maintained, with numerous upgrades throughout, ensuring no deferred maintenance. Situated in a prime location with flexible zoning, 337 Main presents a strong investment opportunity with both immediate cash flow and long-term value potential. Excellent location, in the heart of Downtown, minutes to the Culinary, Marist College, Walkway over the Hudson, Poughkeepsie Train Station, local shops, restaurants, schools and more! Continue reading

MLS#

803995

Property Type

Fourplex

Bedrooms

Bathrooms

5 Full

Year Built

1900

Square Feet

7,639 sq. ft

Sewer