Listing photo for 1 Morgan Avenue, Poughkeepsie, NY
Listing photo for 1 Morgan Avenue, Poughkeepsie, NY
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1 Morgan Avenue,

Poughkeepsie, NY

$600,000

4 Beds
4 Baths
5,160 Sqft
0.10 Acres

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!

Facts & Features
MLS® # 817405
Price $600,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 5,160
Acres 0.10
Year Built 1920
Type Residential Income
Sub-Type Quadruplex
Status Active
MLS hgmls
Community Information
Address 1 Morgan Avenue
City Poughkeepsie
County Dutchess County
State NY
Zip Code 12601
Amenities
Utilities Trash Collection Public
Parking On Street
Is Waterfront No
Has Pool No
Interior
Interior Features Other
Heating Radiant, Other
Cooling None
Has Basement Yes
Basement Unfinished
Fireplace No
Exterior
Lot Description Near School
School Information
District Poughkeepsie City
Elementary Warring Magnet Acad Of Sci & Tech
Middle Poughkeepsie Middle School
High Poughkeepsie High School
Additional Information
Date Listed January 31st, 2025
Days on Market 111
Short Sale No
RE / Bank Owned No
Listing Details
Listing Courtesy of Legacy Land & Homes LLC
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Purchase & Financing Information

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Listing information last updated on May 23rd, 2025 at 10:50pm EDT.