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$ 995,000
Est. payment | /mo
5 Beds
5 Baths
3,920 Sqft Lot
$ 995,000
Est. payment | /mo
5 Beds
5 Baths
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY803995
Bedrooms 5
Full Baths 5
Originating Board onekey2
Rental Info No
Year Built 1900
Annual Tax Amount $4,925
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Located in the heart of the Poughkeepsie Central Business District, 337 Main is a prime 3-story, 8,060 SF mixed-use property offering a diverse range of possibilities for retail, office, and medical uses. The building features a stable income stream with two updated, fully-occupied 2-bedroom, 2-bath apartments and one updated, fully-occupied 1-bedroom apartment. Gross income from the apartments of almost $6200/mo and with the vacant commercial space gross income potential of over $100K! The ground-floor retail space, a spacious 3,300 SF "vanilla-box," is vacant and offers an excellent opportunity for a new tenant. With a competitive asking rent of $14-16/SF gross, plus utilities, the retail space provides strong leasing potential. The property has been meticulously maintained, with numerous upgrades throughout, ensuring no deferred maintenance. Situated in a prime location with flexible zoning, 337 Main presents a strong investment opportunity with both immediate cash flow and long-term value potential. Excellent location, in the heart of Downtown, minutes to the Culinary, Marist College, Walkway over the Hudson, Poughkeepsie Train Station, local shops, restaurants, schools and more!
Location
State NY
County Dutchess County
Rooms
Basement Unfinished
Interior
Interior Features Other
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Senior Community No
Special Listing Condition None
Listed by Keller Williams Realty Partner