761 Main Street | Poughkeepsie (Town)

$850,000

High-Yield 6-Unit Investment Property in the Town of Poughkeepsie. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. \n\nUnlock the potential of 761 Main Street, Poughkeepsie, NY 12603 a 6-unit rental property offering strong returns in a growing market. With a gross annual income of $116,364, this property currently operates at a 6.46% cap rate, with the ability to reach a 7.33% pro forma cap rate by bringing below-market rents in line with current market rates, one unit has already been adjusted.\n\nEach unit benefits from separate electric and gas meters, ensuring simplified management and efficient operations. Situated in a prime Main Street location, this property is within walking distance to local businesses, dining, and public transportation, making it a highly desirable rental opportunity.\n\nInvestors will appreciate the strong cash flow and immediate value-add potential, making this an excellent option for those seeking both stability and upside in the Hudson Valley rental market.\n\nSchedule a private tour today and secure a high-performing investment property with significant growth potential! OneKeyMLS 836843

MLS Listing ID: 
OneKeyMLS 836843
Community Information
School District: 
Arlington Central
Building Details
Details about the building on a property.
Year Built: 
1920
Basement: 
Unfinished
Construction
Construction Materials: 
Frame
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Area): 
6,098
Waterfront: 
0
Public Record
Parcel Number: 
134689-6161-07-731841-0000
Annual Tax: 
$27,035.28
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/1/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Curtis Darragh
Listing Office Name: 
Legacy Land & Homes LLC