1 Park Place,Poughkeepsie, NY 12601
Poughkeepsie, NY 12601
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). 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.
Details
| MLS # | 1022089 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 87 |
| Listing Provided By | RE/MAX Town & Country | Kevin Daly |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.06 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Forced Air |
| Interior Features | Open Floorplan, Pantry |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street, Oversized, Private |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 306200 |
| Tax Annual Amount | 7350 |
Area Information
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| School District | Poughkeepsie High School |
| Elementary School | Morse Young Magnet School |
| High School | Poughkeepsie High School |
| Listing VS Median (in 12601) | |
Price: $500,000 low | high Med: $299,000 sqft: 2,500 low | high Med: 1,592 $ / sqft: $200 low | high Med: $188 On site: 87 low | high Med: 13 | |
Market Activity 12601
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Learn More About This Property
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| School District | Poughkeepsie High School |
| Elementary School | Morse Young Magnet School |
| High School | Poughkeepsie High School |
| Listing VS Median (in 12601) | |
Price: $500,000 low | high Med: $299,000 sqft: 2,500 low | high Med: 1,592 $ / sqft: $200 low | high Med: $188 On site: 87 low | high Med: 13 | |
