7 Fox Terrace

Poughkeepsie, NY 12601

$425,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
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
Colonial
Waterfront
No
LISTING UPDATED: 12/04/2024 05:49 PM

Property Details for 7 Fox Terrace

StatusActive
MLS #H6324706
Days on Market112
Taxes$6,724 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeDuplex
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
  • Directions: Forbus St to Fox Terrace.
  • Property Attached: No
  • Structure Type: false
  • Levels: Two
  • State Or Province: NY
School Information
  • School District: Poughkeepsie City
  • Elementary School: Gov George Clinton School
  • Middle Or Junior School: Poughkeepsie Middle School
  • High School District: Poughkeepsie City
  • High School: Poughkeepsie High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,000.00
Unit 2 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,900.00
Unit Information
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 131300-6161-31-351873-0000
  • Tax Assessed Value: $197,200.00
  • Included In Taxes: Sewer
  • Tenant Pays: All Utilities
  • Additional Fees: 0
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Balcony, Colonial, Eat in Kitchen, Public
  • Interior Features: First Floor Bedroom, Eat-in Kitchen
  • Basement: Full
  • Location Amenities: Balcony, 1st Fl Master Bedroom, Eat in Kitchen
Exterior Features
  • Exterior Features: Balcony
  • Exterior Property Features: Balcony, On Street, Near Public Transit, Near School, Near Shops, Level
  • Elevation Certificate: No
  • Construction Materials: Frame,HardiPlank Type
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Near Public Transit,Near School,Near Shops,Level
  • Site Features: Near Public Transit, Near School, Near Shops, Level
Parking
  • Parking Features: On Street
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Number Of Heating Zones: 2
  • Number Of Separate Gas Meters: 2
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Trash Collection 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 112 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, multi-family home built in 1925.

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Listing Courtesy of Coldwell Banker Realty

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