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Map
$500,000
●
Multifamily -
For Sale
81 Academy Street
Poughkeepsie City, NY 12601
11 Beds
4 Baths
$3,184
Estimated Monthly
$0
HOA / Fees
10.73%
Cap Rate
About This Property
WELL MAINTAINED MULTI-FAMILY LOCATED NEAR POUGHKEEPSIE'S ACADEMY
STREET HISTORIC DISTRIC. UNIQUE CONFIGURATION IS CONDUCIVE TO
EXCEPTIONAL INCOME PRODUCTION. FIRST FLOOR INCLUDES THREE
APARTMENTS, TWO FEATURING EXTERIOR ENTRANCES FOR TOTAL PRIVACY AND
EASE OF ACCESS. SECOND FLOOR IS A LEGAL ROOMING HOUSE FEATURING SIX
INDIVIDUAL ROOMS WITH SHARED KITCHEN & BATHROOM. MAINTENANCE FREE
BRICK EXTERIOR, NEW RUBBER ROOF ON REAR OF BUILDING & NATURAL GAS
FOR BOILERS & WATER HEATERS. UNFINISHED BASEMENT AND LARGE WALKUP
ATTIC FOR ABUNDANT STORAGE. PARKING LOT CONDUCIVE TO ACCOMMODATING
THREE VEHICLES. CENTRALLY LOCATED JUST MINUTES FROM COLLEGES,
HOSPITALS, AREA ATTRACTIONS, POUGHKEEPSIE WATERFRONT & TRAIN
STATION. AN EXCEPTIONAL INVESTMENT OPPORTUNITY IN A THRIVING
LOCATION.
Unit Size
-
Days on Market
185 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$729
HOA Dues
-
Year Built
1950
Listed By
Last updated: 3 days ago (OneKey MLS #ONEHM419156)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2023 | Listed by BHHS HUDSON VALLEY PROPERTIES LG | $500,000 | |
| Listed by BHHS HUDSON VALLEY PROPERTIES LG | |||
Property Highlights
Garage
Parking Details
Total Number of Parking: 3
Parking Features: Driveway
Interior Details
Bathroom Information
Full Bathrooms: 4
Interior Information
Flooring Type: Hardwood
Basement Information
Basement: Full, Unfinished
Exterior Details
Property Information
Square Footage : 3040
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1920
Building Information
Building Area Units: Square Feet
Construction Methods: Frame, Brick
Lot Information
Lot Features: Corner Lot, Near Public Transit
Lot Size Acres: 0.09
Land Information
Water Source: Public
Water Source: Electric Stand Alone, Gas Stand Alone
Financial Details
Tax Annual Amount: $8,742
Utilities Details
Cooling: None
Heating: Natural Gas, Baseboard, Hot Water
Sewer : Public Sewer
Location Details
Directions: LOCATED ON CORNER OF MONTGOMERY & ACADEMY ST.
County or Parish: Dutchess
Other Details
Selling Agency Compensation: 2.5%
On Market Date: 2023-10-27
81 Academy Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
8
Beds
5
Baths
-
$555,000
May 17, 2023
$555,000
Jul 24, 2023
$1,097/mo
Sold
Multifamily
6
Beds
4
Baths
-
$400,000
Jul 8, 2023
$400,000
Oct 18, 2023
$972/mo
Sold
Multifamily
12
Beds
4
Baths
-
$560,000
Jun 28, 2023
$560,000
Dec 31, 2023
$811/mo
Sold
Multifamily
5
Beds
6
Baths
-
$565,000
Apr 14, 2021
$565,000
Jan 13, 2022
$1,022/mo
Sold
Multifamily
5
Beds
3
Baths
-
$365,000
Sep 15, 2020
$365,000
Dec 8, 2020
$273/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
81 Academy Street
81 Academy Street, Poughkeepsie, NY 12601
- 1 Unit for Sale
About Poughkeepsie
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Last Updated: 3 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
