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30 Vernon Terrace

Poughkeepsie, NY 12601
  • $245,000
  • STATUS: Active
  • ON SITE: 141 Days
  • MLS #: H6130623
UPDATED: 21 min ago
$245,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,500
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
School District:

Description

Who said the 1% rule is dead? Here's a prime located, low-cost duplex. Cash flowing As-Is with a 9.5-10.5% cap rate with normalized rents given unit 1 hasn't had a rent increase in 15 years. Also, an incredible house hacking opportunity. K Fortuna's Purpose Driven Team is pleased to present this attractive investment, tucked into a desirable residential neighborhood just north of the Historic Downtown Poughkeepsie, a skip away from the Walkway Over the Hudson and within 5-minutes walk to a thriving retail corridor. Rental demand may be driven by the proximity to the Mid-Hudson Regional Hospital, Marist College, and the Metro-North train station that arrives at New York City's Grand Central Station every hour. The duplex is up and down with a two-bedroom, one-bathroom occupying each level: a 4-car driveway, spacious front and back yard for quiet enjoyment. A common wall adjoins the neighboring property. Ask us, or your agent, for the Offering Memorandum & Financial Models!

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© 2021 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 Goldstar Premier Properties. Data last updated: 2021-12-03T11:17:14.497.
www.goldstarpremier.com/homes/119295286
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30 Vernon Terrace Poughkeepsie, NY 12601

  • Price: $245,000
  • Status: Active
  • On Site: 141 Days
  • Updated: 21 min ago
  • MLS #: H6130623
4
Beds
2
Baths
0
½ Baths
0.12
Acres
1,500
SQFT
$163
$/SQFT
1940
Built
Neighborhood:
Poughkeepsie City
County:
Dutchess
Area:
Poughkeepsie City
Elementary School:
Columbus Elementary School
Middle School:
Poughkeepsie Middle School
High School:
Poughkeepsie High School
School District:
Poughkeepsie
Property Description
Who said the 1% rule is dead? Here's a prime located, low-cost duplex. Cash flowing As-Is with a 9.5-10.5% cap rate with normalized rents given unit 1 hasn't had a rent increase in 15 years. Also, an incredible house hacking opportunity. K Fortuna's Purpose Driven Team is pleased to present this attractive investment, tucked into a desirable residential neighborhood just north of the Historic Downtown Poughkeepsie, a skip away from the Walkway Over the Hudson and within 5-minutes walk to a thriving retail corridor. Rental demand may be driven by the proximity to the Mid-Hudson Regional Hospital, Marist College, and the Metro-North train station that arrives at New York City's Grand Central Station every hour. The duplex is up and down with a two-bedroom, one-bathroom occupying each level: a 4-car driveway, spacious front and back yard for quiet enjoyment. A common wall adjoins the neighboring property. Ask us, or your agent, for the Offering Memorandum & Financial Models!
Exterior Features

Architectural Style 2 Story Construction Materials FrameAluminum Siding Garage YN No Lot Features LevelNear Public Transit Parking Features DrivewayOff Street

Interior Features

Basement Bilco Door(S)Full Cooling Window Unit(S) Cooling YN Yes Flooring Hardwood Heating OilHot Water Interior Features Master Downstairs1St Floor Bedrm

Property Features

Property Attached YN Yes Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 4400.00 Water Source Public

Listing courtesy of Brett Miller of K. Fortuna Realty, Inc..
© 2021 OneKey MLS. All rights reserved.


© 2021 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 Goldstar Premier Properties. Data last updated: 2021-12-03T11:17:14.497.
 
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