1 Morgan Avenue, Poughkeepsie, NY 12601

  • $600,000
Active
1 Morgan Avenue, Poughkeepsie, NY 12601
  • $600,000

Overview

Property ID: H6320528
  • Quadruplex, Residential Income
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 5160
  • 1920
  • Year Built

Description

Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! 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 7.91 cap rate, with room to grow, pro forma at current market rent puts this over 10.0 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!

Details

Updated on December 6, 2024 at 9:37 pm
  • Property ID: H6320528
  • Price: $600,000
  • Property Size: 5160
  • Land Area: 0.1 Acres
  • Bedrooms: 4
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

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Jerry Wang
  • Jerry Wang