8.2 CAP RATE!!! Welcome to an exceptional investment opportunity in the heart of Poughkeepsie, New York! This well maintained, fully rented two-family property features spacious 2-bedroom/1-bathroom units ensuring immediate passive income generation. Below market rents and value add opportunity provides for a conservative 8.2 pro forma cap rate. This property promises an attractive return on investment! Conveniently located near schools and public transportation, in a resilient and growing real estate market, Poughkeepsie offers the ideal setting for this income-generating gem. With a strong rental demand, this property is a must-consider for investors seeking long-term appreciation and consistent rental income. Don't miss out on this golden opportunity—schedule a viewing today and secure your place in the thriving Poughkeepsie market!
Sold
Street View
$302,000
12 Fox Terrace, Poughkeepsie, NY 12603
4beds
2,024sqft
Duplex
Built in 1925
-- sqft lot
$391,300 Zestimate®
$149/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 16, 2024 at 10:34am
Listed by:
Curtis Darragh 845-518-7526,
Legacy Land & Homes LLC 845-206-9462
Bought with:
Gerard Smith, 10401353939
BHHS Hudson Valley Properties
Source: OneKey® MLS,MLS#: H6285626

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Radiant
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Partial
- Attic: Partial
Interior area
- Total structure area: 2,024
- Total interior livable area: 2,024 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 3,485 sqft
Details
- Parcel number: 1313006161313678560000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1925
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & neighborhood
Location
- Region: Poughkeepsie
Other
Other facts
- Listing agreement: Exclusive Right To Sell