NOT LISTED FOR SALE

16 Center St Poughkeepsie, NY 12601

Estimated Value: $346,000 - $920,292

4 Beds
2 Baths
5,076 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $725,000 $143 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,871/month

88 Days on Market

Highlights

  • 4 Car Detached Garage
  • Baseboard Heating
  • Level Lot
  • Window Unit Cooling System

About This Home

As of December 2022

EXCEPTIONAL 5 FAMILY INVESTMENT OPPORTUNITY IN POUGHKEEPSIE WITH A 9.3 % CAP RATE CONSISTING OF 2 MULTI FAMILY HOMES #16 AND #18 CENTER STREET. EACH UNIT IN THE 3 FAMILY CONSISTS OF 2 BEDROOMS,LIVING ROOM,DINING ROOM, EAT IN KITCHEN AND FULL BATH.EACH UNIT IN THE 2 FAMILY CONSISTS OF 1 BEDROOM, LIVING ROOM, DINING ROOM, EAT IN KITCKEN AND FULL BATH. ALL UNITS HAVE SEPARATE UTILITIES AND SEPARATE LAUNDRY HOOK UP FOR EACH UNIT IN THE BASEMENT. ALSO INCLUDED IS A 5 BAY GARAGE FOR ADDITIONAL INCOME. 18 CENTER STREET SITS ON A DOUBLE LOT WHICH IS IDEAL FOR ADITIONAL PARKING. THESE HOMES HAD AN OLDER RENOVATION DOWN TO THE STUDS.UPDATES INCLUDE ELECTRIC, WATER HEATERS, KITCHENS, BATHROOMS AND APPLIANCES. HOMES OFFER THE CONVENIENCE OF MUNICIPAL WATER, MUNICIPAL SEWER AND NATURAL GAS.JUST MINUTES TO VASSAR BROTHERS MEDICAL CENTER, MID-HUDSON REGIONAL HOSPITAL, MARIST COLLEGE,METRO NORTH POUGHKEEPSIE TRAIN STATION,IBM,CIA,SHOPPING, RESTAURANTS, WATER FRONT AND MAJOR COMMUTER HIGHWAYS.

Last Agent to Sell the Property

John Costanzo

BHHS Hudson Valley Properties License #40CO1154385 Listed on: 07/28/2022

BHHS Hudson Valley Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,297

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • 5,076 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 131300-6061-28-885950-0000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,297

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-473-1650
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 5076.00
  • Square Footage: 5076.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Garage, Off Street, Private

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Private
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2178.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 131300-6061-28-885950-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-12-08
  • Tax Annual Amount: 12297.00
  • Tax Map Number: 131300-6061-28-885950-0000

Multi Family

  • Units Total: 5
  • Two Bedrooms: 5
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $725,000 +3.6% $143 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $700,000 -- $138 / 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
2024 $7,661 $307,400 $44,600 $262,800
2023 $7,233 $290,000 $44,600 $245,400
2022 $5,230 $204,400 $40,500 $163,900
2021 $5,147 $173,200 $40,500 $132,700
2020 $4,648 $150,600 $40,500 $110,100
2019 $4,315 $125,500 $40,500 $85,000
2018 $4,123 $119,500 $40,500 $79,000
2017 $3,872 $113,800 $40,500 $73,300
2016 $3,822 $113,800 $40,500 $73,300
2015 -- $113,800 $40,500 $73,300
2014 -- $119,800 $40,500 $79,300
Source: Public Records

Agents Affiliated with this Home

  • John Costanzo

    Seller's Agent in 2022

    John Costanzo

    BHHS Hudson Valley Properties

    (845) 380-6097

    24 in this area

    59 Total Sales

    John Costanzo
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Map

Source: OneKey® MLS

MLS Number: KEY6201999

OneKey® MLS

APN: 131300-6061-28-885950-0000

New York Dutchess County Poughkeepsie 12601

16 Center St, Poughkeepsie, NY

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