31 Holmes Street, Poughkeepsie, NY

$550,000

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4

Beds

4

Baths

2,332

Square feet

0.07

Acres

About 31 Holmes Street

LEGAL 4 FAMILY! Amazing investor or owner occupier investor opportunity in the heart of Poughkeepsie, minutes to Downtown and the Historic Disrict. Brick 4 family consisting of 1 bed, 1 bath units currently bringing in a current gross income of $68K with room to grow! Some updates made throughout the units with room to do more to grow the rents. All tenants currently month to month and one unit to be delivered vacant upon closing. Heat is currently paid by landlord, but with 4 separate electric meters, theres room to put that expense on the tenant. Current NOI of $48K after all expenses. Current list price is an 8% CAP. Excellent location, minutes to the Culinary, Poughkeepsie Train Station, Downtown, Poughkeepsie Tennis Club, Marist College, Walkway over the Hudson, culinary grade restaurants, shops, schools and more!

Features of 31 Holmes Street

MLS® # 823439
Price $550,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 2,332
Acres 0.07
Taxes $10,530
Year Built 1900
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 31 Holmes Street
City Poughkeepsie
County Dutchess County
State NY
Zip Code 12601
Adult 55+ Community No

Amenities

Utilities Electricity Connected
Is Waterfront No
Has Pool No

Interior

Interior Features First Floor Bedroom, First Floor Full Bath
Heating Natural Gas, Steam
Cooling None
Has Basement Yes
Basement Full, Walk-Out Access
Fireplace No

Exterior

Exterior Brick, Frame

School Information

District Poughkeepsie City
Elementary G W Krieger School
Middle Poughkeepsie Middle School
High Poughkeepsie High School

Additional Information

Date Listed February 11th, 2025
Days on Market 126
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW MidHudson
Contact Info914-962-0007

Listing Map

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