10 Eastman TER, Poughkeepsie, NY 12601
10 Eastman TER, Poughkeepsie, NY 12601
10 Eastman TER, Poughkeepsie, NY 12601
10 Eastman TER, Poughkeepsie, NY 12601
10 Eastman TER, Poughkeepsie, NY 12601
10 Eastman TER, Poughkeepsie, NY 12601
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 950,000
Est. payment | /mo

6,098 Sqft Lot

Save
$ 950,000
Est. payment | /mo
Save

6,098 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1030135

Style Row Dwelling

Rental Info No

Year Built 1900

Annual Tax Amount $15,376

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Multi Family

Source onekey2

Property Description

Income-producing multifamily opportunity delivering an 8.5% current cap rate, with potential to reach approximately 10.5% at pro forma rents. This 5-unit property features (1) 1-bedroom apartment, (2) 3-bedroom apartments, and (2) 4-bedroom apartments, generating $117,480 in current gross annual income. All tenants pay for heat, hot water, and electricity, while the landlord is responsible for water and sewer. The sale also includes a separately deeded 9-car parking lot, with one parking space for each unit, and every apartment has an in-unit washer/dryer hookup. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with meaningful room for future upside. An ideal opportunity for investors seeking a stable, income-producing asset in a prime Poughkeepsie location. Income & expense information available upon request.

Location

State NY

County Dutchess County

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Baseboard, Natural Gas

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Off Street, Parking Lot

Utilities Available Natural Gas Connected

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Poughkeepsie City

School District Poughkeepsie City

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Serhant LLC • Jake Garay

GET MORE INFORMATION

Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

Name

Name

Phone

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Real Broker NY LLC Real Broker LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

S C H E DU L E Y O U R  F R E E  T O U R

10 Eastman TER

Q U I C K   S E A R C H :
VIEW MORE