Helen Schweitzer Realty, LLC
Helen Schweitzer, Helen Schweitzer Realty, LLCPhone: (845) 222-3724
Email: [email protected]

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listing
1 of 11
CommercialFor Sale
$2,300,000
5-13 Academy Street
Poughkeepsie, NY 12601
Listed by: eRealty Advisors, Inc, 914-712-6330
MLS: OneKey MLS
Est. Mortgage
$11,972/mo

TURN-KEY INVESTMENT of 9% cap rate. Property Overview: Unit Mix: There are 12 units, 8 residential and 4 commercial. Condition: In 2023, 4 units underwent complete gutting, while the other 4 units were renovated during the same year. Unit Sizes: Four are three bedrooms and include a washer/dryer. The other four units are spacious two-bedroom units. There are floor plans to convert them into three-bedroom units potentially. The tenants are paying all utilities except the water. There is potential to add a few more units Without extending the building, further increasing its value and income potential.

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Information courtesy of eRealty Advisors, Inc is subject to verification and is not guaranteed.
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