About This Home
This 4-bedroom, 2-bathroom multi-family at 1 Park Place in Poughkeepsie, NY is listed for $500,000. Built in 1910, on a 0.06 acres lot.
Key Features
- Built in 1910
- 0.06 acre lot
Property Details
Amenities
Great Investment Opportunity! This 2-family home has one leased unit and one vacant. Live in one unit and use the rent to help with expenses or rent out both units for maximum income. It has been generating $52,800 annually. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000).
Solar panels will be paid off by seller at closing. Solar panels were installed in 2022 and keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed.
Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is designed for both tenant appeal and long-term value.
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1 Park Place
Poughkeepsie, NY 12601
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 1 Park Place is listed at $500,000. The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1910, 0.06 acre lot. Interior Features: Open Floorplan, Pantry.
This property is listed by Kevin Daly and can be reached at 8454903881.
