7 Fox Terrace
$425,000
6
2
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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.
- Listed by Barry Malawer • Coldwell Banker RealtyP: (914)-232-7000 C: (914)-262-3590 bmalawer@aol.com
Property Details for 7 Fox Terrace
Architectural Style
Colonial
WaterfrontNo
LISTING UPDATED: 12/04/2024 05:49 PM
Property Details for 7 Fox Terrace
Status | Active |
---|---|
MLS # | H6324706 |
Days on Market | 112 |
Taxes | $6,724 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Duplex |
Year Built | 1925 |
Lot Size | 0.06 AC / 2,614 SF |
County | Dutchess County |
Building Information for 7 Fox Terrace
Stories-Residences2Year Built1925Building Size-Lot Size0.06 AC / 2,614 SF
Property Information for 7 Fox Terrace
Property History for 7 Fox Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Warring Magnet Academy Of Science And Technology Public1 to 5 |
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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