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40 S Hamilton St

Poughkeepsie NY 12601

9
9
5
5286 sq. ft.
14810 sq. ft.
Single-Family
Currently for sale - view listing

Overview

BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT ENHANCEMENT. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!

Features

9 bedrooms
9 bathrooms
5 carspaces
5286 sq. ft. floor area
14810 sq. ft. lot size
Single-Family

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Local market activity for 9 bedroom single-family properties in Poughkeepsie

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