Turnkey Investment Opportunity! This 2-family home is fully occupied and generating $52,800 annually. It will provide reliable cash flow from day one. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000). Leased solar panels were installed in 2022 to keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed. Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is designed for both tenant appeal and long-term value.
Property Features
Utilities
Natural Gas Available
Cable Connected
Electricity Connected
Natural Gas Connected
Parking
Off Street
Oversized
Private
Basement
Full
Storage Space
Unfinished
House Interior
Open Floorplan
Pantry
Cooling Information
Wall/Window Unit(s)
Heating Information
Forced Air
Water Features
Public
School Information
School Information for 1 Park Place, Poughkeepsie, NY 12601
Elementary School
Morse Young Magnet School
Middle School
Poughkeepsie Middle School
High School
Poughkeepsie High School
Listing Courtesy: RE/MAX Town & Country - 845-765-6128