82 Smith Street, Poughkeepsie, NY 12601

$490,000
6
BD
2
BA
2,300
SqFt
Sold Price
$490,000
Days on Market
144
Closing Date
Jul 24, 2023
MLS#
H6233699
Status
CLOSED
Property Type
Multi Family
Style
Two Story
Year Built
1910
Property Tax
$7,800
Neighborhood
Poughkeepsie City
School District
Poughkeepsie
High School
Poughkeepsie High School
Jr. High
Poughkeepsie Middle School
Elementary School
Morse Young Magnet School

Property Description

Amazing opportunity for first-time home buyers to invest in real estate w/this stunning newly renovated two-family home in the heart of Poughkeepsie. Live in 1 unit, rent out the other, & generate passive income while building equity in your own property. Each unit boasts a bright & airy living room, eat-in kitchen, 3 bedrooms, a full bathroom, & a convenient laundry closet. The second floor unit also features a lovely back deck, perfect for enjoying your morning coffee or evening tea. The spacious yard offers ample room for outdoor gatherings, barbecues, or simply relaxing. In addition, the large unfinished basement provides plenty of storage space. The gut renovation has transformed this property into a modern and functional oasis, with sleek finishes and brand new appliances throughout. This versatile property can be used as a comfortable home for yourself and/or as an investment property. At market rent ($2,400) and projected taxes ($7,800) income is $57,600 with 9.6% cap rate.

Additional Information

Bedrooms
6
Bathrooms
2
Full Baths
2
Square Footage
2,300
Acres
0.10
Parking
Off Street
Heating
Electric, Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Virginia Corbett (info@virginiacorbetthometeam.com) from Listing Office: RE/MAX Town & Country.

Selling Office: K. Fortuna Realty, Inc..

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