Skip main navigation
For sale
  • $600,000

    1 Morgan Avenue, Poughkeepsie, NY 12601

    4beds
    5,160sqft
    Quadruplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $116/sqft
    $-- HOA

    What's special

    Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!
    122 days
    on Zillow
    |
    161
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 12, 2025 at 12:12am

    Listing by:

    Legacy Land & Homes LLC 845-206-9462,

    Curtis Darragh 845-518-7526

    Source: OneKey® MLS,MLS#: 817405MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1 Morgan Avenue.

    Next available tour time:Saturday at 10am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Radiant, Other
    Cooling
    • None
    Features
    • Other
    • Basement: Unfinished
    • Attic: Unfinished
    Interior area
    • Total structure area: 5,160
    • Total interior livable area: 5,160 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 4,356 Square Feet
    • Features: Near School
    Details
    • Parcel number: 1313006162724531380000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Condition
    • Year built: 1920

    Utilities & green energy

    • Gas: Separate Gas Meters: 4
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Trash Collection Public

    Community & HOA

    Location
    • Region: Poughkeepsie

    Financial & listing details

    • Price per square foot: $116/sqft
    • Tax assessed value: $280,000
    • Annual tax amount: $10,247
    • Date on market: 2/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Loading
    • Loading