51 S Hamilton St, Poughkeepsie, NY 12601

6 family apartment house, 3 stories, 5 one bedroom units and one studio. All are in fair to good condition. The one bedroom units have separate heat, hot water and electric. The studio is all electric on the owner's meter. A new main roof was installed this year. The water heaters are all less than five years old. Vinyl siding on the building is maintenance free. Off street parking, full basement. Two of the 1 BR rent for $670, $675, studio is $650, 3 other 1br rent for $700. Four tenants are there in excess of 5 years. Rent roll: $4,095.00 Yearly: $ 49,140 Oper. Exp taxes $ 10,728 insurance $ 2,300 water/swr $ 1,800 Electric $ 2,700 trash $ 550 Total $ 18,078 Thirty years with same owner, now retiring, a good reliable income, low maintenance building. call Greg at 845-546-2040 for questions. It is currently financed with Hudson Valley Credit Union. They offer 4 - 4.25% financing over 25 years with 20% down. - Asking $359,000