198 Main ST Active Save Request In-Person Tour Request Virtual Tour
Poughkeepsie,NY 12601
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6318376
Year Built 1900
Annual Tax Amount $10,000
Lot Size 2,613 Sqft
Property Description
Fantastic 3000 ft² 3-unit mixed use building on bustling Main St Poughkeepsie. 2000 ft² residential & 1000 ft² commercial. All units leased. Storefront currently in use as a hair salon. Building boasts brick construction, 2 rear balconies with seasonal Hudson River views and rear garden area. Easy walk to Metro North, community centers, entertainment, recreation, shops, restaurants & more. Quick car ride to Vassar College, Marist College, Vassar Brothers Medical Center, Walkway Over the Hudson, American Culinary Institute & Dutchess Community College. Plenty of public parking available across the street. Property offered at 6.7% cap, with a potential pro forma cap rate of 9%+ with interior updates and market rents.
Virtual Tour & Offering Memorandum available upon request! Interested buyers we please ask you provide proof of funds. For appointments, please contact us through Showingtime with at least 48 hours notice. Call us anytime for more information we are happy to help.
Location
State NY
County Dutchess County
Interior
Heating Electric,Natural Gas,Baseboard,Heat Pump
Cooling Wall/Window Unit(s)
Exterior
Parking Features On Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
School District Poughkeepsie City
Others
Special Listing Condition None