58 Lincoln Avenue, Poughkeepsie, NY 12601

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58 Lincoln Avenue,Poughkeepsie, NY 12601
$550,000
  • 9 Beds
  • 3 Baths
  • 3,576 sq. ft.
  • Multi-family
  • Active
Listed by:curtis darragh
Office:legacy land & homes llc.
MLS#:837183
Source:One Key MLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$153.8

About this home

High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers

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Home facts

  • Year built:1900
  • Listing Id #:837183
  • Added:134 day(s) ago
  • Updated:July 13, 2025 at 10:40 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,576 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:3,576 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$153.8
  • Tax amount:$8,973 (2024)
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