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1 Park Place, Poughkeepsie, NY 12601

Poughkeepsie
Local realty services provided by:CENTURY 21 Alliance Realty Group
1 Park Place,Poughkeepsie, NY 12601
$500,000
  • 4 Beds
  • 2 Baths
  • 2,500 sq. ft.
  • Multi-family
  • Active
Listed by: kevin daly
Office: re/max town & country
MLS#:1022089
Source:OneKey MLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$200

About this home

Great Investment Opportunity! This 2-family home has one leased unit and one vacant. Live in one unit and use the rent to help with expenses or rent out both units for maximum income. It has been generating $52,800 annually. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000). Leased solar panels were installed in 2022 to keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed. Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is designed for both tenant appeal and long-term value.

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Home facts

  • Year built:1910
  • Listing ID #:1022089
  • Added:53 day(s) ago
  • Updated:September 09, 2026 at 11:12 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Pantry
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,500 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1910
  • Building area:2,500 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Poughkeepsie High School
  • Middle school:Poughkeepsie Middle School
  • Elementary school:Morse Young Magnet School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$200
  • Tax amount:$7,350 (2025)

Features and amenities

  • Amenities:Open Floorplan

Parking

  • Parking description:Off Street, Private
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