7 Fox Terrace, Poughkeepsie, (Poughkeepsie City), NY, 12603
6 beds
2 Full baths
1925
Two Story, Colonial
2,000 sqft
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.
Status:
Active
Town:
Poughkeepsie
Type:
Multi-family
Units:
2
Heating:
Natural Gas, Hot Water
Cooling:
Window Unit(s)
Basement:
Full
Parking:
On Street
Acreage:
0.06
Est. Taxes:
$6,724
Assessment
$197,200
Construction
Frame, HardiPlank Type
Lot Description:
Level, Near Public Transit
Elementary School:
Gov George Clinton School
Middle School:
Poughkeepsie Middle School
High School:
Poughkeepsie High School
School District:
Poughkeepsie
MLS #:
H6324706
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Coldwell Banker Realty 914 2327000