This is a legal 2 family-Welcome to this charming two-family home located in the highly sought-after medical district of Poughkeepsie. Located on a lovely tree-lined street, this property is just a couple of blocks away from major healthcare facilities, including Vassar, Optum, and Nuvance, as well as a variety of shops and restaurants, making it a prime location for both residents and potential tenants. As you approach the home, you'll be greeted by inviting front and rear porches, perfect for enjoying your morning coffee or unwinding in the evenings. The level, fenced property includes two convenient storage sheds, providing ample space for your outdoor tools and equipment. One of the standout features of this property is the complete separation of utilities for each unit, including water, gas, and electric, ensuring independence and convenience for both tenants. Inside, you'll find spacious rooms and open kitchens that create a warm and welcoming atmosphere. Each unit is thoughtfully designed, featuring an eat-in kitchen, a formal dining room, a living room with beautiful bay windows, two well-sized bedrooms and full bathroom. Unit 1 boasts stunning maple cabinets in the chef's kitchen, equipped with a dishwasher for easy cleanup. The Italian porcelain tile in the kitchen, hall, and bathroom adds a touch of elegance, while the walk-in closets provide ample storage space. Recessed lighting enhances the ambiance, making this unit a delightful place to live. Unit 2 features a bright white kitchen complemented by durable laminate flooring. The tiled bathroom includes a classic cast iron tub with a shower, providing a timeless appeal. Both units showcase custom ornamental mantels, beautiful mahogany hardwood floors, and original finely crafted moldings, adding character and charm throughout. Additional features of this home include solid doors and French doors that enhance the aesthetic appeal, as well as newer windows, a newer roof, and new gutters that contribute to the property's overall maintenance and energy efficiency. The natural gas forced air heating system, coupled with city water and sewer, ensures comfort year-round. The basement provides additional utility space and storage options, while the floored attic offers even more potential for storage or creative use. With two storage sheds on the property, you'll have plenty of room for outdoor equipment or hobbies. Location is key, and this home is just minutes from Metro North, Route 9, Route 55, and the scenic Rail Trail, making commuting and exploring the area a breeze. The main floor unit is currently occupied by a long-term tenant with an excellent rental history and direct deposit, providing immediate income. The second-floor unit is vacant and available for showings with a confirmed appointment, but please respect the privacy of the main floor tenant. This two-family home in Poughkeepsie's medical district is a rare find, offering a perfect combination of location, charm, and functionality. Whether you're looking to invest or seeking a home with rental opportunities, this property has it all. Don't miss your chance to own this beautiful home in a prime location! Agents-Please read showing instructions Projected rental income per unit $2000 Appliances: Electric Water HeaterGas OvenGas Range Style: Traditional, BuildingAreaSource: Public Records, ConstructionDescription: Wood Siding, FireplaceFeatures: Decorative, Living Room, Flooring: Ceramic Tile, Laminate, Wood, InteriorFeatures: Recessed Lighting, Soaking Tub, Storage, LotFeatures: Back Yard, City Lot, Landscaped, WindowFeatures: Bay Window(s),
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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 | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $557 | $557 | $557 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,292 | $2,233 | $2,834 |
Total Monthly Payment | $2,924 | $2,865 | $3,466 |
* 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.