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For Sale

$749,900

29 days on market

65 Academy Street

Poughkeepsie, NY 12601

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1938

Built

Listing narrative

Description

Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area.

Listing agent (MLS): Sandra Spector · Listing brokerage (MLS): Howard Hanna Rand Realty

Property Details

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Price

$749,900

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.13 acres

Year

1938

Status

For Sale

Days on Market

29

· 8% down, 7% APR, 30yr fixed
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Courtesy of Howard Hanna Rand Realty

65 Academy Street, Poughkeepsie | Keller New York