1 Park Place, Poughkeepsie, NY 12601

$500,000
4
BD
2
BA

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List Price
$500,000
Days on Market
51
MLS#
1022089
Status
ACTIVE
Property Type
Duplex
Year Built
1910
Property Tax
$7,350
Neighborhood
Poughkeepsie
School District
Poughkeepsie City
High School
Poughkeepsie High School
Jr. High
Poughkeepsie Middle School
Elementary School
Morse Young Magnet School

Property Description

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). Leased solar panels were installed in 2022 to 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.

Additional Information

Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.06
Parking
Off Street, Oversized, Private
Basement
Full, Storage Space, Unfinished
Laundry
In Basement
Heating
Forced Air
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kevin Daly (kdaly.remax@gmail.com) from Listing Office: RE/MAX Town & Country.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.