$424,999
$50K PRICE DROP

148 Franklin St Poughkeepsie, NY 12601

Estimated payment $2,903/month

Total Views 1,487
4 Beds
3 Baths
3,869 Sq Ft
$110 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Central Air
  • Baseboard Heating

About This Home

This newly converted three family with an unfinished third floor to be sold with fully approved site plans ready to finish this large property on the south side of Poughkeepsie! The property has been fully gutted with plumbing, HVAC, and electric roughed on the 1st and 2nd floors. These two floors will house 2 beds/1 bath each with brand new kitchens & bathrooms, new heat pumps servicing electric heat and air while boasting 1,000+ sq ft. each. The basement studio will be roughly ~400 square feet with one bath. There will be common laundry and storage in the basement as well. The plans come with 4 off street parking spaces to be built. This will be a great income producing asset with low expenses as all utilities will be separately metered!

Listing Agent

Joseph Sala

McGrath Realty Inc Brokerage Phone: 845-896-5444 License #10401351684 Listed on: 08/04/2025

McGrath Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,043

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Triplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 131300-6161-29-110801-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,043

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1920
  • Attribution Contact: 845-896-5444
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Building Area Total: 3869
  • Parcel Number: 131300-6161-29-110801-0000
  • Property Attached: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 7043.12
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,297 $329,800 $59,400 $270,400
2022 $5,990 $286,800 $54,000 $232,800
2021 $5,818 $239,000 $54,000 $185,000
2020 $5,444 $199,200 $54,000 $145,200
2019 $5,241 $181,100 $54,000 $127,100
2018 $4,995 $172,500 $54,000 $118,500
2017 $4,494 $169,100 $54,000 $115,100
2016 $4,387 $167,400 $54,000 $113,400
2015 -- $167,400 $54,000 $113,400
2014 -- $162,500 $54,000 $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $424,999 -10.5% $110 / Sq Ft
08/04/2025 08/04/25 For Sale $475,000 +79.2% $123 / Sq Ft
02/22/2024 02/22/24 Sold $265,000 -11.4% $82 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
10/16/2023 10/16/23 For Sale $299,000 +12.8% $93 / Sq Ft
10/10/2023 10/10/23 Off Market $265,000 -- --
09/30/2023 09/30/23 Price Changed $299,000 -5.0% $93 / Sq Ft
09/15/2023 09/15/23 Price Changed $314,900 -4.5% $97 / Sq Ft
09/01/2023 09/01/23 For Sale $329,900 -- $102 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Executors Deed $269,000 Westcore Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,750 Purchase Money Mortgage
Previous Owner $30,000 Unknown
Source: Public Records

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Source: OneKey® MLS

MLS Number: 894944

OneKey® MLS

APN: 131300-6161-29-110801-0000