$410,000
SOLD FEB 7, 2025

12 Franklin St Unit 12 Poughkeepsie, NY 12601

4 Beds
2 Baths
3,306 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

2% Below List Price

51 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • 2 Fireplaces
  • Wood Flooring
  • Victorian Architecture
  • Covered patio or porch

About This Home

As of February 2025

Welcome to this charming two-family home located in the highly sought-after medical district of Poughkeepsie. Located on a lovely tree-lined street, this property is just a couple of blocks away from major healthcare facilities, including Vassar, Optum, and Nuvance, as well as a variety of shops and restaurants, making it a prime location for both residents and potential tenants. As you approach the home, you'll be greeted by inviting front and rear porches, perfect for enjoying your morning coffee or unwinding in the evenings. One of the standout features of this property is the complete separation of utilities for each unit, including water, gas, and electric, ensuring independence and convenience for both tenants. Inside, you'll find spacious rooms and open kitchens that create a warm and welcoming atmosphere. Each unit is thoughtfully designed, featuring an eat-in kitchen, a formal dining room, a living room with beautiful bay windows, two well-sized bedrooms and full bathroom.Both units showcase custom ornamental mantels and original finely crafted moldings, adding character and charm throughout. Additional features of this home include solid doors and large living spaces. The basement provides additional utility space and storage options, while the floored attic offers even more potential for storage or creative use. Location is key, and this home is just minutes from Metro North, Route 9, Route 55, and the scenic Rail Trail, making commuting and exploring the area a breeze. The main floor unit is currently occupied by a long-term tenant with an excellent rental history and direct deposit, providing immediate income. The second-floor unit is vacant and available for showings with a confirmed appointment, but please respect the privacy of the main floor tenant. This two-family home in Poughkeepsie's medical district is a rare find, offering a perfect combination of location, charm, and functionality. Whether you're looking to invest or seeking a home with rental opportunities, this property has it all. Don’t miss your chance to own this beautiful home in a prime location!Agents-Please read showing instructionsProjected rental income per unit $2000

Last Agent to Sell the Property

Nicole Porter

Brokerage Phone: 845-473-9770 License #10301202653 Listed on: 11/13/2024

Co-Listed By

Ellen Mallet

Brokerage Phone: 845-473-9770 License #40MA1065435

Last Buyer's Agent

Philip Bisesto

HomeSmart Homes & Estates License #10401290672

HomeSmart Homes & Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Perimeter Fence
  • Level Lot
  • Cleared Lot
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Decorative Fireplace
  • Casement Windows

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Property is near public transit

Schools

  • Gov George Clinton Elementary School
  • Poughkeepsie Middle School
  • Poughkeepsie High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 916 / 36
  • Assessor Parcel Number 131300-6061-36-916807-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Duplex
  • Property Condition: Actual, Updated/Remodeled
  • Year Built: 1900
  • Attribution Contact: 845-473-9770
  • Co List Office Mls Id: KEYHOULAW27
  • Co List Office Phone: 845-473-9770
  • Carport Y N: No
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Fireplaces: 2
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood
  • Fireplace Features: Decorative
  • Full Bathrooms: 2
  • Basement: Full, Storage Space, Unfinished, Walk-Out Access
  • Inclusions: All Appliances, Light Fixtures, Sheds
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Window Features: Bay Window(s), Casement
  • Basement YN: Yes

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame, Wood Siding
  • Fencing: Back Yard, Fenced, Perimeter
  • Pool Private: No
  • Road Frontage Type: Municipal
  • Spa: No
  • Exterior Features: Lighting, Private Roof
  • Patio and Porch Features: Covered, Porch
  • Waterfront: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter

Garage/Parking

  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Separate Meters, Wall/Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Building Area Total: 3306
  • Lot Features: Back Yard, Cleared, Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 131300-6061-36-916807-0000
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6684
  • Tax Block: 36
  • Tax Lot: 916
  • Tax Year: 2024

MLS Schools

  • Elementary School: Gov George Clinton School
  • High School: Poughkeepsie High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Feb 7, 2025
Sold by
Brent Carlson T and Brent Verhoest
Bought by
Scott Seaman Llc
Seller's Agent
Nicole Porter
Buyer's Agent
Philip Bisesto
HomeSmart Homes & Estates
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Views
40
Current Estimated Value
$429,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,606
Avg. Annual Appreciation
2.42%
Original Mortgage
$328,000
Outstanding Balance
$327,451
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,089

Purchase Details

Closed on
Aug 16, 2011
Sold by
Verhoest Cornelius
Bought by
Verhoest Cornelius

Purchase Details

Closed on
Sep 12, 2002
Sold by
Behrendo Jon C
Bought by
Verhoest Cornelius R

Purchase Details

Closed on
Jul 20, 2001
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $410,000 Westcore Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $179,900 Carl Wolfson
Deed $179,900 Carl Wolfson
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $410,000 -2.4% $124 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
11/13/2024 11/13/24 For Sale $420,000 -- $127 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2023 $6,684 $263,500 $44,600 $218,900
2022 $5,620 $219,600 $40,500 $179,100
2021 $5,531 $186,100 $40,500 $145,600
2020 $5,173 $161,800 $40,500 $121,300
2019 $5,009 $147,100 $40,500 $106,600
2018 $5,378 $140,100 $40,500 $99,600
2017 $4,539 $133,400 $40,500 $92,900
2016 $5,206 $133,400 $40,500 $92,900
2015 -- $133,400 $40,500 $92,900
2014 -- $140,400 $40,500 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 800099

OneKey® MLS

APN: 131300-6061-36-916807-0000