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Prime development opportunity! This unique cross-municipal property features 1.70 total contiguous acres with massive high-density residential potential. The primary parcel sits inside the City of Poughkeepsie limits and features 1.30 acres of rough-graded, cleared land zoned RNC (Residential Neighborhood C). An adjoining 0.40-acre parcel extends over the municipal border into the Town of Poughkeepsie, serving as an excellent layout buffer.The site's square footage and zoning framework mathematically support multi-family cluster development, making it an ideal canvas for a multi-unit rental portfolio or townhouse project. Public water, public sewer, natural gas, and electricity are all readily available at the street line along Salt Point Turnpike, eliminating the need for expensive private septic engineering. Located directly across from the scenic Morgan Lake entrance and minutes from Dutchess Community College, Route 9, and the Mid-Hudson Bridge. Two tax parcels sold together as a package deal. Buyer to verify exact density limits and site plan requirements with municipal planning boards.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.