7 Fox Terrace

Poughkeepsie, NY 12601

$425,000
Price
6
Beds
2
Baths
2,000 Sq. Ft.
$213 / Sq. Ft.
2,000
Sq. Ft.
$213
per Sq. Ft.

Description

Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full,...Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.
  1. Listed by Barry Malawer • Coldwell Banker Realty
    P: (914)-232-7000 C: (914)-262-3590 bmalawer@aol.com

Property Details for 7 Fox Terrace

Architectural Style
Two Story, Colonial
Garage Spaces
.00
LISTING UPDATED: 09/15/2024 02:13 PM

Property Details for 7 Fox Terrace

StatusActive
MLS #H6324706
Days on Market82
Taxes$6,724 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1925
Lot Size0.06 AC / 2,614 SF
CountyDutchess County

Building Information for 7 Fox Terrace

Stories-Residences2Year Built1925Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 7 Fox Terrace

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Forbus St to Fox Terrace.
  • Property Attached: No
  • Structure Type: false
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Poughkeepsie
  • Elementary School District: Poughkeepsie
  • Elementary School: Gov George Clinton School
  • Middle Or Junior School District: Poughkeepsie
  • Middle Or Junior School: Poughkeepsie Middle School
  • High School District: Poughkeepsie
  • High School: Poughkeepsie High School
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 0
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Living Area: 1000
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,900.00
  • Unit Type Lease End: 2023-12-31
  • Unit Type Living Area: 1000
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit Information
  • Number Of 3 Bedrooms: 2
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 131300-6161-31-351873-0000
  • Tax Map Number: 131300-6161-31-351873-0000
  • Tax Assessed Value: $197,200.00
  • Included In Taxes: Sewer
  • Tenant Pays: All Utilities
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Balcony, Colonial, Eat in Kitchen, Public, Two Story
  • Interior Features: First Floor Bedroom, Eat-in Kitchen
  • Living Area: 2000.0
  • Living Area Units: Square Feet
  • Basement: Full
  • Location Amenities: 2 Story, Balcony, 1st Fl Master Bedroom, Eat in Kitchen
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Features: Balcony
  • Exterior Property Features: Balcony, On Street, Level, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Frame,HardiPlank Type
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level,Near Public Transit
  • Site Features: Level, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Number Of Heating Zones: 2
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 2
  • Garbage Removal: Public
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Natural Gas, Hot Water, Balcony

Property History for 7 Fox Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7 Fox Terrace

Taxable ValueLand$22,000Additions$214,600Total$236,600
Home Facts
Baths2Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtStories2Lot Size2,614 SqFtStyleDuplexYear Built1925ZoningR-2ACountyDUTCHESSAPN131300 6161-31-351873-0000

Schools near 7 Fox Terrace

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 - 1 to 5
Rating
School
Distance
Gov George Clinton School
PublicK to 5

Poughkeepsie Middle School
Public6 to 8

Poughkeepsie High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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7 Fox Terrace is a multi-family home for sale in Poughkeepsie, NY 12601. This property was listed for sale on August 27, 2024 by Coldwell Banker Realty, it's currently listed at $425,000. It has been on the market for a total of 82 days and was last sold on September 8, 2021. This listing's school district is Poughkeepsie City School District. Nearby schools include Gov George Clinton School, Poughkeepsie Middle School and Poughkeepsie High School. 7 Fox Terrace is a 6-bed, 2-bath, 2,000 sqft multi-family home built in 1925.

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 Coldwell Banker Realty

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 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 09/15/2024 02:13 PM