NOT LISTED FOR SALE

58 Catharine St Poughkeepsie, NY 12601

-- Bed
5 Baths
3,400 Sq Ft
3,049 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $325,000 $96 Per Sq Ft

50 Days on Market

Highlights

  • Fitness Center
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • Window Unit Cooling System

About This Home

As of October 2021

Great investment in the heart of historic Poughkeepsie! Located steps from the Mid-Hudson Bridge and Poughkeepsie Train Station, this quaint 1900s 4 unit apartment building is centrally located! Fully occupied, tenants all up to date on rent. 4 well-kept units with off-street parking, tenants responsible for heat/electricity. 3 units month to month, 1 unit year lease starting in July. Municipal water/sewer/ natural gas. 8% CAP RATE!

Last Agent to Sell the Property

Leigh Wagner-Quintana

Keller Williams Realty HV Nort License #10301217227 Listed on: 06/18/2021

Keller Williams Realty HV Nort

Last Buyer's Agent

Fawn Denue

Keller Williams Realty HV Nort License #10401348748

Keller Williams Realty HV Nort

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 5 Bathrooms
  • 2-Story Property
  • Wood Flooring
  • Range
  • Unfinished Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, sewer, trash collection, water
  • Legal Lot and Block 163 / 70

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Community Playground
  • Fitness Center
  • Park

Building Details

  • Insurance Expense $1,300
  • New Taxes Expense $8,494
  • Net Operating Income $28,794

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: KWREALHVN
  • Co List Office Phone: 845-481-2700
  • Co List Office Phone: 845-481-2700
  • MLS Status: Closed
  • Master Plan Zoning: R-4
  • Location Tax and Legal:Tax Block: 70
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Lot Size Dimensions: .07
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 8494.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 40500.0
  • Cooling:Window Unit(s): Yes
  • Other Structures:Shed(s): Yes
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Structure Type Multi Family: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Basement: Unfinished
  • Flooring: Hardwood
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Appliances Range: Yes
  • Community Features:Playground2: Yes
  • Basement:Unfinished: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Park2: Yes

Exterior Features

  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Lot Features:City Lot: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 912.0

Schools

  • Junior High Dist: Poughkeepsie City School District

Lot Info

  • Lot Features: City Lot, Near Public Transit
  • Lot Dimensions: .07
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Trash Collection, Water, Other
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1300.0
  • Net Operating Income: 28794.0
  • Income And Expenses Other Income: 1000.0

Tax Info

  • New Taxes Expense: 8494.0
  • Tax Block: 70
  • Tax Lot: 163

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Prior Sale
10/21/2021 10/21/21 Sold $325,000 0.0% $96 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $325,000 +51.2% $96 / Sq Ft
10/20/2017 10/20/17 Sold $215,000 -14.0% $63 / Sq Ft View Prior Sale
07/08/2017 07/08/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $250,000 +24.4% $74 / Sq Ft
10/31/2013 10/31/13 Sold $201,000 -16.2% $59 / Sq Ft View Prior Sale
10/31/2013 10/31/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $239,925 0.0% $71 / Sq Ft
04/18/2013 04/18/13 For Rent $700 0.0% --
04/18/2013 04/18/13 Rented $700 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Leigh Wagner-Quintana

    Seller's Agent in 2021

    Leigh Wagner-Quintana

    Keller Williams Realty HV Nort

    (845) 853-6910

    3 in this area

    200 Total Sales

    Leigh Wagner-Quintana
    Section Image

  • F

    Buyer's Agent in 2021

    Fawn Denue

    Keller Williams Realty HV Nort

    (845) 532-7495

    1 in this area

    27 Total Sales

    Fawn Denue
    Section Image
  • Brian Mossey

    Seller's Agent in 2017

    Brian Mossey

    BHHS Hudson Valley Properties

    (845) 288-4367

    22 in this area

    124 Total Sales

    Brian Mossey
    Section Image

  • J

    Buyer's Agent in 2017

    John Schweitzer

    Furumoto Realty of Harrison

  • Patricia Cannizzaro

    Seller's Agent in 2013

    Patricia Cannizzaro

    Century 21 Alliance Rlty Group

    (845) 590-2800

    17 in this area

    82 Total Sales

    Patricia Cannizzaro
    Section Image
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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20212271

Hudson Valley Catskills Region Multiple List Service
New York Dutchess County Poughkeepsie 12601

58 Catharine St, Poughkeepsie, NY

Not Listed for Sale

MultiFamily

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