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About This Home

This 6-bedroom, 2-bathroom residential multi family at 33 Manitou Avenue in Poughkeepsie, NY is listed for $469,900. Built in 1910, on a 0.08 acres lot.

Agent Description

Well maintained income producing duplex located in the City of Poughkeepsie offering an excellent opportunity for both investors and owner occupants alike. This fully occupied multi family property currently generates approximately $50,000 annually in rental income and offers strong cash flow potential in one of the Hudson Valley's consistently high demand rental markets.

A major highlight of this property is the potential FHA assumable loan opportunity, which may allow a qualified buyer to assume the seller's existing lower interest rate and financing terms, creating substantial long term savings in today's higher rate environment.

Even if the current FHA loan is not assumable for a buyer, the property was previously approved through FHA financing when purchased, offering added confidence and appeal for future FHA buyers. Perfect for an owner occupant looking to offset monthly expenses by living in one unit while collecting rental income from the second, or for an investor seeking immediate income production and long term appreciation potential.

Conveniently located near Metro North train stations, Route 9, Interstate 84, shopping centers, restaurants, hospitals, colleges, waterfront attractions, parks, and the vibrant Hudson Valley dining and entertainment scene. Ideal commuter location with easy access to New York City, Westchester, Connecticut, and surrounding Hudson Valley communities.

Whether you are looking to expand your investment portfolio, secure a strong income producing asset, or begin building generational wealth through owner occupied real estate, this property offers flexibility, value, location, and exceptional long term upside.

Key Features

  • Built in 1910
  • 0.08 acre lot

Property Details

2 full
1910

Amenities

A/C

Monthly Cost Estimate

$2,513/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,036
Insurance$137

Estimates only. Actual payments may vary.

Location

33 Manitou Avenue

Poughkeepsie, NY 12601

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathNatural WoodworkOpen KitchenOriginal Details

Property Details

Construction

Aluminum Siding

Parking

Driveway

Heating

Electric (Heating)

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 33 Manitou Avenue is listed at $469,900. The estimated monthly payment is $2,036 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.08 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath, Natural Woodwork.

This property is listed by Anesha Nesbitt and can be reached at 8458252341 or imovehudsonvalley@gmail.com.

AN

Anesha Nesbitt

Agent at eXp Realty

(845) 825-2341

Listed by eXp Realty · View on Broker Site

MLS# 1001284· Source: listhub· Updated 14 days ago

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33 Manitou Avenue, Poughkeepsie, NY 12601

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