Excellent turn-key 2 family opportunity within walking distance of the walk-over-the Hudson/rail trail and College Hill Park. From the exterior to the interior this multi-family has been updated meticulously in recent years. exterior updates include new siding and insulation (2024), exterior lighting, paver walkway, and beautiful front door canopy for an added touch of character. The improvements continue inside. Each unit features refinished original hardwood floors, tiled baths, luxury vinyl floors, redesigned kitchens and bathrooms (2020) with all new plumbing and electrical. Each kitchen comes equipped with stainless range, refrigerator, dishwasher, quartz countertops, tiled backsplash, and pantry for added storage. The first unit offers an open floor plan encompassing 2 beds 1 bath while the second-floor lives like a 3 bedroom (as co'd). The unfinished attic space awaits your creative imagination as you could convert it into a third unit with approvals from the building department. Before you go please do not forget to check out the walk-out basement which offers ample storage highlighted by newer mechanicals, newer hot water tanks, waterproofing, and electric panel boxes. This nicely maintained expansive city lot is conducive to the creation of off-street parking. The best part of this offering is the long-term cooperative tenants with on-going agreements that must be honored. Yet, there is more. This opportunity is conveniently located with easy access to MTA Metro North, the Poughkeepsie Waterfront, Marist, CIA. Dutchess Community Colleges, dining and entertainment. Advance notice required for tours. Your cooperation is much appreciated. Thank you for making the call today.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $435 | $435 | $435 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,891 | $1,891 | $2,459 |
Total Monthly Payment | $2,401 | $2,401 | $2,969 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.