NY
Dutchess
Poughkeepsie
12601
1 Morgan Avenue
1 Morgan Avenue, Poughkeepsie, NY 12601
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Listing Type
Multi Family
Listing Status
pending
2
$600,000

Home Details for 1 Morgan Avenue

Price
$600,000
Type
Residential Income
Bedrooms
4
Bathrooms
4.0
Square feet
NaN
Year built
1920
Lot size acres
0.1
County
Dutchess
Garage
Basement
Unfinished
Days on site
234
MLS Listing#
817405
Property Description

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!

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
    • Other
  • Cooling Information
    • None
  • Water Features
    • Public
  • House Interior
    • Other
  • Parking
    • On Street
  • Basement
    • Unfinished
School Information
School Information for 1 Morgan Avenue, Poughkeepsie, NY 12601
Elementary School
Warring Magnet Acad Of Sci & Tech
Middle School
Poughkeepsie Middle School
High School
Poughkeepsie High School
Listing Courtesy: Legacy Land & Homes LLC - 845-206-9462
Presented by: Curtis Darragh
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY CONNECTIONS
2790 W. Main St., Wappingers Falls, NY 12590
Office
845 298 6034
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