NOT LISTED FOR SALE
8 Beds
8 Baths
4,800 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 20, 2022

Last sale price $1,100,000 $229 Per Sq Ft

73 Days on Market

About This Home

As of May 2022

Excellent investment opportunity on the historic south side of the City of Poughkeepsie. Two 4 unit buildings being offered together as one package totaling 8 units. A truly turn-key opportunity, with room for growth, all units are currently leased with gross income of more than $110,000. These buildings have had multiple updates, including upgraded electrical service & insulation, vinyl windows, a newer roof on #10, & much more. There is a large off-street parking lot on the property in the rear for tenants. Separately metered gas & electric. Prime location adjacent to the Poughkeepsie Tennis Club and in close proximity to Vassar Hospital, Route 9, & the Poughkeepsie Metro North Station.

Last Agent to Sell the Property

Blake Michaud

BHHS Hudson Valley Properties License #30MI0792049 Listed on: 12/18/2021

BHHS Hudson Valley Properties

Co-Listed By

Jake Garay

Serhant LLC License #10301216829

Last Buyer's Agent

Pamela Kandel

Houlihan Lawrence Inc. License #10401267158

Houlihan Lawrence Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,370

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,800 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • G W Krieger Elementary School
  • Poughkeepsie Middle School
  • Poughkeepsie High School

Utilities

  • No Cooling
  • 8 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 131300-6161-37-081731-0000

Community Details

Overview

  • 8 Units

Building Details

  • 10 Separate Electric Meters
  • 8 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,370

Year Built

Built in 1920

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 845-473-1650
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Basement: Full, Unfinished
  • Total Bedrooms: 8
  • Living Area: 4800.00
  • Square Footage: 4800.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 12.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Parking Lot, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 8
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 131300-6161-37-081731-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2022-05-20
  • Tax Annual Amount: 22370.00
  • Tax Map Number: 131300-6161-37-081731-0000

Multi Family

  • Units Total: 8
  • 1 Bedrooms: 8
  • Separate Electric Meters: 10
  • Separate Gas Meters: 8

MLS Schools

  • Elementary School: G W Krieger School
  • High School: Poughkeepsie High School
  • Middle School District: Poughkeepsie

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
May 12, 2022
Sold by
Bergeron James
Bought by
Seller's Agent
Blake Michaud
BHHS Hudson Valley Properties
Buyer's Agent
Pamela Kandel
Houlihan Lawrence Inc.
List Price
$1,100,000
Sold Price
$1,100,000
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Fidelity National Title (Aka
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $1,100,000 0.0% $229 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $1,100,000 -- $229 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,441 $589,200 $69,500 $519,700
2024 $20,441 $572,000 $69,500 $502,500
2023 $18,314 $550,000 $69,500 $480,500
2022 $10,747 $280,000 $69,500 $210,500
2021 $10,966 $270,300 $69,500 $200,800
2020 $11,647 $270,300 $69,500 $200,800
2019 $11,857 $270,300 $69,500 $200,800
2018 $12,284 $270,300 $69,500 $200,800
2017 $11,979 $270,300 $69,500 $200,800
2016 $11,290 $270,300 $69,500 $200,800
2015 -- $270,300 $69,500 $200,800
2014 -- $270,300 $69,500 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6158395

OneKey® MLS
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