Seller's Agent in 2025
Justin LaFalce
KW MidHudson
(845) 227-4400
94 in this area
337 Total Sales
138 Montgomery St Poughkeepsie, NY 12601
Estimated Value: $756,590
5
Beds
2
Baths
2,000
Sq Ft
$378/Sq Ft
Est. Value
About This Home
As of March 2025OWNER FINANCING AVAILABLE! 138 Montgomery is a fully-occupied, income-producing asset offering a unique blend of residential and storage space with possible future development and room for expansion. The property includes a well-maintained two-family dwelling and 26 garages, providing steady cash flow from both residential and storage rental income. The two-family home consists of a 2-bedroom apartment and a 3-bedroom apartment, both currently under market. This property presents an excellent value-add opportunity. The two-family dwelling has tons of potential for increased rental income. Additionally, the 26 garages are currently leased below market value, creating an immediate opportunity to increase revenue by adjusting rental rates. With its solid tenant base and untapped potential, 138 Montgomery is a promising investment for those seeking both steady cash flow and future upside. Current gross income of close to $95k with plenty of room to grow! Municipal water, sewer and natural gas. 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!
Last Agent to Sell the Property
KW MidHudson Brokerage Phone: 914-962-0007 License #10401329157 Listed on: 12/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,714
Year Built
- Built in 1900
Lot Details
- 21,344 Sq Ft Lot
Parking
- 26 Car Garage
Home Design
- Quadruplex
- Colonial Architecture
- Frame Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Schools
- Gov George Clinton Elementary School
- Poughkeepsie Middle School
- Poughkeepsie High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 131300-6161-22-178928-0000
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2024
Closed on
Mar 24, 2025
Sold by
138 Montgomery Llc
Bought by
138 Montgomery Hldgs Llc
Seller's Agent
Justin LaFalce
KW MidHudson
Buyer's Agent
Justin Phillips
United RE Hudson Valley Edge
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,590
Avg. Annual Appreciation
4.00%
Original Mortgage
$507,500
Outstanding Balance
$501,757
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,913
Purchase Details
Closed on
May 2, 2023
Sold by
Behrends Jon C
Bought by
138 Montgomery Llc
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| 138 Montgomery Hldgs Llc | $725,000 | Fidelity National Title (Aka | |
| 138 Montgomery Llc | -- | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 138 Montgomery Hldgs Llc | $507,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $725,000 | -2.7% | $363 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 12/10/2024 12/10/24 | For Sale | $745,000 | -- | $373 / Sq Ft |
Source: OneKey® MLS
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 |
|---|---|---|---|---|
| 2025 | $11,313 | $339,900 | $99,000 | $240,900 |
| 2024 | $11,313 | $330,000 | $99,000 | $231,000 |
| 2023 | $10,988 | $330,000 | $99,000 | $231,000 |
| 2022 | $11,734 | $300,000 | $90,000 | $210,000 |
| 2021 | $12,171 | $300,000 | $90,000 | $210,000 |
| 2020 | $12,927 | $300,000 | $90,000 | $210,000 |
| 2019 | $13,160 | $300,000 | $90,000 | $210,000 |
| 2018 | $13,634 | $300,000 | $90,000 | $210,000 |
| 2017 | $13,295 | $300,000 | $90,000 | $210,000 |
| 2016 | $12,530 | $300,000 | $90,000 | $210,000 |
| 2015 | -- | $300,000 | $90,000 | $210,000 |
| 2014 | -- | $300,000 | $90,000 | $210,000 |
Source: Public Records
Agents Affiliated with this Home
-
Justin LaFalce
-
Don Minichino
D
Seller Co-Listing Agent in 2025
Don Minichino
KW MidHudson
(914) 962-0007
13 in this area
26 Total Sales
-
Justin Phillips
Buyer's Agent in 2025
Justin Phillips
United RE Hudson Valley Edge
(914) 456-3574
16 in this area
61 Total Sales
-
Lloyd Gray
Buyer Co-Listing Agent in 2025
Lloyd Gray
United RE Hudson Valley Edge
(845) 243-8390
6 in this area
29 Total Sales
Map
Source: OneKey® MLS
MLS Number: 803985
APN: 131300-6161-22-178928-0000
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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