NOT LISTED FOR SALE

163 Union St Poughkeepsie, NY 12601

Estimated Value: $377,255 - $512,000

4 Beds
2 Baths
2,112 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $423,497 $201 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,979/month

22 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Property is near public transit, schools, and shops
  • Park
  • Level Lot

About This Home

As of July 2024

CALLING ALL INVESTORS AND OWNER OCCUPIERS! Amazing opportunity to own a brick 2-family home in the heart of Historic Downtown Poughkeepsie, Union St! VACANT & ready for its nexts owner, able to live in one, rent the other or rent both! Potential gross income of $50K, 10%+ CAP and price to sell! Tasteful updates throughout preserving the period charm featuring updated kitchens and baths and freshly painted throughout. Both units are spacious and have 2 bedrooms and 1 bath, while the upstairs larger unit features more finished SQ FT and a walk-up attic for future expansion and storage. With 2 separate gas and electric meters, expensing the utilities onto the tenants is possible! Full unfinished walk-out basement with great storage for the tenants and landlord. Exterior features a large lot with a level yard for outdoor entertainment and a newly rebuilt 1 car detached garage, perfect for more storage! Municipal water, sewer and natural gas! Excellent location, a stone's throw to the Mid Hudson Bridge, Hudson River Waterfront and Poughkeepsie Train Station, minutes to the Walkway Over the Hudson, Culinary Institute and Marist Colleges, amazing proximity to lower main food & drink, shops, schools and more! Additional Information: ParkingFeatures:1 Car Attached,

Last Agent to Sell the Property

Justin LaFalce

KW MidHudson Brokerage Phone: (845) 224-5792 License #10401329157 Listed on: 05/09/2024

KW MidHudson

Last Buyer's Agent

ANTHONY DE PASQUALE

K. Fortuna Realty, Inc. License #10401359510

K. Fortuna Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1870

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 131300-6062-84-910091-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,154

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1870
  • Attribution Contact: (845) 224-5792
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 423497.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 2884615.3846
  • CurrentPrice_By_BuildingAreaTotal: 200.51941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick, Frame
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Fee Information

  • Trash Expense: 950
  • Annual Water Sewer Expense: 927

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 131300-6062-84-910091-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 3943
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 1310

Tax Info

  • Tax Annual Amount: 7154
  • Tax Year: 2023

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
May 9, 2024
Closed on
Jul 17, 2024
Sold by
Royall Michael
Bought by
Zheng Xiao X
Seller's Agent
Justin LaFalce
KW MidHudson
Buyer's Agent
ANTHONY DE PASQUALE
K. Fortuna Realty, Inc.
List Price
$375,000
Sold Price
$423,497
Premium/Discount to List
$48,497
12.93%
Current Estimated Value
$444,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,567
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Jan 9, 2015
Closed on
Jun 10, 2015
Sold by
Federal National Mortgage Association
Bought by
Royall Michael
Seller's Agent
Jeffery Dolfinger
24/7 Realty Inc
Buyer's Agent
Joyce Stanton
Century 21 Hudson Valley Rlty.
List Price
$130,000
Sold Price
$91,500
Premium/Discount to List
-$38,500
-29.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.32%

Purchase Details

Closed on
Oct 28, 2014
Sold by
Cole Steven
Bought by
Federal National Mortgage Association
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 Buyer Sale Price Title Company
Zheng Xiao X $423,500 None Available
Royall Michael $91,500 --
Royall Michael $91,500 --
Federal National Mortgage Association $111,709 --
Federal National Mortgage Association $111,709 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $423,497 +12.9% $201 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $375,000 +309.8% $178 / Sq Ft
06/10/2015 06/10/15 Sold $91,500 -29.6% $32 / Sq Ft View Prior Sale
05/22/2015 05/22/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $130,000 -- $45 / 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 $8,164 $304,100 $29,700 $274,400
2023 $7,849 $286,900 $29,700 $257,200
2022 $5,915 $239,100 $27,000 $212,100
2021 $5,641 $189,800 $27,000 $162,800
2020 $5,275 $165,000 $27,000 $138,000
2019 $5,108 $150,000 $27,000 $123,000
2018 $4,016 $116,400 $27,000 $89,400
2017 $4,370 $114,100 $27,000 $87,100
2016 $4,033 $120,100 $27,000 $93,100
2015 -- $123,800 $27,000 $96,800
2014 -- $130,300 $27,000 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6297149

OneKey® MLS

APN: 131300-6062-84-910091-0000