1 Cottage Street | Poughkeepsie

$485,000

City of Poughkeepsie needs new housing with demand out-stripping supply. \nThis is a great opportunity to convert from commercial to residential use in quiet neighborhood.\nRecently zoned for four (4) family residence. \nBuilding as exists will allow for the addition of a 2nd floor leading to more than 4 apartments or two-floored units. \n\"Cost of conversion\" is cheaper and quicker than building new or gutting and repair of old buildings.\nThis prosed use is a \"as of right' use under new zoning designation: RNC. \nStandard site-plan review is required by the City.\nBuilding is in excellent condition. Ready for your architect/engineer to lay out the floor plan for four units, then call the framer, plumber and electrician. \nClose to all the City has to offer and shopping & transportation; Rt 9, Bridge, Hudson Line train.\nOff-street parking.\nWill generate top rents upon completion of new units.\nCan also be used for \"Day-Care\" as of right. OneKeyMLS 863642

MLS Listing ID: 
OneKeyMLS 863642
Community Information
School District: 
Other
Building Details
Details about the building on a property.
Year Built: 
1953
Construction
Construction Materials: 
Block
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: 
Forced Air,Natural Gas
Cooling System: 
Central Air,Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Area): 
9,148
Waterfront: 
0
Lot Features
Parking Type: 
Off Street,Parking Lot
Fence: 
Fenced
Public Record
Parcel Number: 
131300-6162-70-222228-0000
Annual Tax: 
$7,168.44
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
5/19/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
David L Russell Jr
Listing Office Name: 
David L Russell Realty