1 Morgan Avenue, Poughkeepsie, NY 12601

Local realty services provided by:ERA Top Service Realty
#1#2
1 Morgan Avenue,Poughkeepsie, NY 12601
$600,000
  • 4 Beds
  • 4 Baths
  • 5,160 sq. ft.
  • Multi-family
  • Pending
Listed by:curtis darragh
Office:legacy land & homes llc.
MLS#:817405
Source:One Key MLS

Price summary

  • Price:$600,000
  • Price per sq. ft.:$116.28

About this home

Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!

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Home facts

  • Year built:1920
  • Listing Id #:817405
  • Added:699 day(s) ago
  • Updated:July 13, 2025 at 07:43 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,160 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant

Structure and exterior

  • Year built:1920
  • Building area:5,160 sq. ft.
  • Lot area:0.1 Acres

Schools

  • High school:Poughkeepsie High School
  • Middle school:Poughkeepsie Middle School
  • Elementary school:Warring Magnet Acad Of Sci & Tech

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$116.28
  • Tax amount:$10,247 (2023)
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