$500,000
SOLD MAR 25, 2026

58 Lincoln Ave Poughkeepsie, NY 12601

9 Beds
3 Baths
3,576 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: March 25, 2026

$140 Per Sq Ft

9% Below List Price

286 Days on Market

About This Home

As of March 2026

High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 9 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!

Last Agent to Sell the Property

Curtis Darragh

Legacy Land & Homes LLC Brokerage Phone: 845-206-9462 License #10491202162 Listed on: 04/01/2025

Last Buyer's Agent

Ericka Moorer

Moorstone Real Estate License #10311207973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,973

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Assessor Parcel Number 131300-6061-36-906772-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,973

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1900
  • Attribution Contact: 845-206-9462
  • Carport Y N: No
  • CurrentPrice: 500000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.95455
  • ListPrice_By_LotSizeAcres: 6562500.0000
  • CurrentPrice_By_BuildingAreaTotal: 139.82103
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 9
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 4800
  • Annual Water Sewer Expense: 1846

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3485
  • Parcel Number: 131300-6061-36-906772-0000
  • Property Attached: No
  • Additional Parcels: No

Multi Family

  • Units Total: 3
  • Separate Gas Meters: 3
  • Insurance Expense: 1507

Tax Info

  • Tax Annual Amount: 8972.51
  • Tax Year: 2024

MLS Schools

  • Middle School District: Poughkeepsie City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2017
Sold by
Lincoln Franklin Props
Bought by
60 Lincoln Avenue Llc

Purchase Details

Listed on
Mar 10, 2017
Closed on
Sep 21, 2017
Sold by
Lincoln Franklin Properti
Bought by
Marmol Ulises
Seller's Agent
Kerri Stretch
Howard Hanna Rand Realty
Buyer's Agent
Kerri Stretch
Howard Hanna Rand Realty
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Mar 10, 2017
Closed on
Sep 19, 2017
Sold by
Marmol Ulises and Moore Samantha
Bought by
58 Lincoln Avenue Llc
Seller's Agent
Kerri Stretch
Howard Hanna Rand Realty
Buyer's Agent
Kerri Stretch
Howard Hanna Rand Realty
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Purchase Details

Closed on
Oct 17, 2002
Sold by
Zivica Dennis
Bought by
Lincoln Franklin Properties Inc
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 Type Sale Price Title Company
Quit Claim Deed $25,000 --
Quit Claim Deed $25,000 --
Deed $183,673 --
Deed $183,673 --
Deed -- None Available
Deed -- None Available
Deed $130,500 Stephen J Christian
Deed $130,500 Stephen J Christian
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 Sold $500,000 0.0% $140 / Sq Ft
01/13/2026 01/13/26 Off Market $500,000 -- --
01/12/2026 01/12/26 Pending -- -- --
08/18/2025 08/18/25 Price Changed $525,000 -4.5% $147 / Sq Ft
04/01/2025 04/01/25 For Sale $550,000 +205.6% $154 / Sq Ft
02/01/2018 02/01/18 Sold $180,000 0.0% $50 / Sq Ft View Prior Sale
09/22/2017 09/22/17 Sold $180,000 -4.8% $50 / Sq Ft View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $189,000 0.0% $53 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $189,000 -- $53 / 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
2024 $9,364 $370,300 $44,600 $325,700
2023 $8,797 $352,700 $44,600 $308,100
2022 $7,521 $293,900 $40,500 $253,400
2021 $7,403 $249,100 $40,500 $208,600
2020 $6,655 $216,600 $40,500 $176,100
2019 $6,176 $180,500 $40,500 $140,000
2018 $5,900 $170,300 $40,500 $129,800
2017 $5,795 $170,300 $40,500 $129,800
2016 $5,719 $170,300 $40,500 $129,800
2015 -- $170,300 $40,500 $129,800
2014 -- $170,300 $40,500 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 837183

OneKey® MLS

APN: 131300-6061-36-906772-0000

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