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18 Hooker Avenue Poughkeepsie NY, 12601
$800,000
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  • Under Contract
  • 8 Bedrooms
  • 8 Full Baths
  • Year Built 1920
  • Single Family
  • ML# 802481
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Property Details

Overview

Amazing opportunity to own a fully renovated 4-Family home in the heart of Downtown Poughkeepsie. Each unit features 2 bedrooms and 2 full baths with current gross income of $100K! Complete exterior renovations, new 100 year Vermont slate roof, separate gas & electric meters for all units, updated electric, 2 in 1 Navien on demand boilers, high efficiency heat pump for largest unit, luxury vinyl plank flooring, exposed brick walls, updated kitchens and baths and ample parking for tenants. Little to no deferred maintenance, not an easy find when it comes to investment properties! Still some room to grow rents further. Current NOI at $70K puts current list price at an aggressive 8.75% CAP! Municipal water, sewer and natural gas. Excellent location, minutes to Downtown Poughkeepsie, Walkway Over the Hudson, Marist College, Culinary Institute of America, hospitals, schools, shopping, culinary grade restaurants and more! Rare finds like this don’t come around often, reach out today!

Key Facts

  • •Style: Colonial, Victorian
  • •Lot Size: 0.14
  • •Lot Sq Ft: 6098
  • •Taxes: $16,525

Additional Features

  • •Construction Materials: Frame
  • •Interior Features: 
    First Floor Bedroom
  • •Parking Spaces: Yes
  • •Parking Spaces: 8

Rooms & Floor Plans

  • •Bedroom: 8
  • •Full Bath: 8

Interior & Utilities

  • •Heat: Baseboard, Electric, Heat Pump, Natural Gas
  • •A/C: Ductless, Separate Meters
  • •Water: Public
  • •Sewer: Public Sewer

Financial

  • •Taxes: $16,525
  • •Maintenance: $600

  1. Presented by

    Brian Phillips Team - Douglas Elliman

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Listing Information provided courtesy of Keller Williams Realty Partner OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS