New Listing - 12/09/2024
337 Main Street, Poughkeepsie, NY, 12601
5 beds
5 Full baths
1900
Quadruplex
Located in the heart of the Poughkeepsie Central Business District, 337 Main is a prime 3-story, 8,060 SF mixed-use property offering a diverse range of possibilities for retail, office, and medical uses. The building features a stable income stream with two updated, fully-occupied 2-bedroom, 2-bath apartments and one updated, fully-occupied 1-bedroom apartment. Gross income from the apartments of almost $6200/mo and with the vacant commercial space gross income potential of over $100K! The ground-floor retail space, a spacious 3,300 SF "vanilla-box," is vacant and offers an excellent opportunity for a new tenant. With a competitive asking rent of $14-16/SF gross, plus utilities, the retail space provides strong leasing potential. The property has been meticulously maintained, with numerous upgrades throughout, ensuring no deferred maintenance. Situated in a prime location with flexible zoning, 337 Main presents a strong investment opportunity with both immediate cash flow and long-term value potential. Excellent location, in the heart of Downtown, minutes to the Culinary, Marist College, Walkway over the Hudson, Poughkeepsie Train Station, local shops, restaurants, schools and more!
Status:
Active
Type:
Single-family residential
Units:
4
Heating:
Natural Gas
Cooling:
None
Basement:
Unfinished
Acreage:
0.09
Est. Taxes:
$4,926
Assessment
$336,200
Construction
Frame
Utilities
Cable Connected, Electricity Connected
Days on Market:
1
MLS #:
803995
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Realty Partner 914-962-0007