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Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.PROPERTY FEATURES
Water Source :
Public
Cooling:
Window Unit(s)
Heating :
Natural Gas
PROPERTY DETAILS
Street Address: 7 Fox Terrace
City: Poughkeepsie
State: New York
Postal Code: 12603
County: Dutchess
MLS Number: ONEH6324706
Courtesy of Coldwell Banker Realty
City: Poughkeepsie
State: New York
Postal Code: 12603
County: Dutchess
MLS Number: ONEH6324706
Courtesy of Coldwell Banker Realty
Courtesy of KELLER WILLIAMS REALTY PARTNERS EF
