5-13 Academy Street

Poughkeepsie, NY 12601

$2,300,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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. Appliances: Electric OvenElectric Range BuildingAreaSource: Appraiser,
  1. Listed by Yehuda Fischman • eRealty Advisors, Inc
    P: (914)-712-6330 C: (845)-499-5533 yehudafrealty@gmail.com

Property Details for 5-13 Academy Street

Garage Spaces
.00
LISTING UPDATED: 12/02/2024 12:24 PM

Property Details for 5-13 Academy Street

StatusComing Soon
MLS #H801774
Days on Market-
Taxes$39,124 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size-
CountyDutchess County

Building Information for 5-13 Academy Street

Stories-Residences12Year Built1900Building Size-Lot Size-

Property Information for 5-13 Academy Street

Summary
Location and General Information
  • MLS Area Minor: 99
  • Property Attached: Yes
  • Structure Type: true
  • Country: US
  • State Or Province: NY
Unit Information
Unit Information
  • Building Units Total: 12
Taxes and HOA Information
Taxes and HOA Information
  • Tenant Pays: Cooking Gas,Electricity,Heat
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area Units: Square Feet
  • Basement: Unfinished
  • Common Walls: 2+ Common Walls
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Building Area Units: Square Feet
Parking
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Heat Fuel Type: Electric
  • Sewer: Public Sewer
  • Water Source: Public
Green Features
  • Green Features: Electric

Schools near 5-13 Academy Street

This home is within Poughkeepsie City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Gov George Clinton School
PublicK to 5

Poughkeepsie Middle School
Public6 to 8

Poughkeepsie High School
Public9 to 12

Morse Young Magnet School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eRealty Advisors, Inc

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2025, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 12/02/2024 12:24 PM