NOT LISTED FOR SALE

65 Academy St Poughkeepsie, NY 12601

8 Beds
5 Baths
5,912 Sq Ft
5,663 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $555,000 $94 Per Sq Ft

26 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • Eat-In Kitchen

About This Home

As of July 2023

Welcome to this exceptional investment opportunity in the heart of Poughkeepsie, NY! This 5-unit apartment building boasts both charm and profitability. This property offers a diverse range of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two cozy studio apartments. Located in a prime location, this apartment building offers convenience and accessibility to various amenities. Situated in the heart of Poughkeepsie, residents will enjoy easy access to shopping centers, restaurants, entertainment venues, and public transportation, making it an ideal choice for tenants seeking a vibrant urban lifestyle. The property has been well-maintained, showcasing pride of ownership and ensuring a hassle-free ownership experience. With a strong rental market in Poughkeepsie, this apartment building presents an excellent investment opportunity. The combination of well-maintained units, prime location, and diverse range of apartments allows for attractive rental potential and consistent cash flow. Whether you're an experienced investor or a first-time buyer, this property promises a sound investment with potential for long-term growth and profitability. Agent Only Remarks

Last Agent to Sell the Property

Lindsay Stevens

eXp Realty License #10301211263 Listed on: 05/18/2023

eXp Realty

Co-Listed By

Martin Krakower

eXp Realty License #10401346559

Last Buyer's Agent

Sandra Spector

Howard Hanna Rand Realty License #10401204890

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,163

Year Built

  • Built in 1938

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls

Home Design

  • 5,912 Sq Ft Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 131300-6161-21-091960-0000

Community Details

Overview

  • 5 Units

Recreation

  • Park

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,163

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1938
  • Co List Office Mls Id: ONEEXPRLT
  • Co List Office Phone: 888-276-0630
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Partial, Unfinished, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 5912
  • SquareFootage: 5912.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Parking Lot, Off Street, Unassigned

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Indirect Tank

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5663
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 131300-6161-21-091960-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 5
  • Separate Electric Meters: 6
  • Separate Gas Meters: 6
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 13163
  • Tax Map Number: 131300-6161-21-091960-0000

MLS Schools

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

Range of Values:

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Sold Price
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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 Change Sq Ft Price
07/24/2023 07/24/23 Sold $555,000 +5.7% $94 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $525,000 -- $89 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6249572

OneKey® MLS