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40 S Hamilton Street, Poughkeepsie, NY 12601

Poughkeepsie
Local realty services provided by:CENTURY 21 Stoeckeler Real Estate
40 S Hamilton Street,Poughkeepsie, NY 12601
$649,900
  • - Beds
  • - Baths
  • 6,900 sq. ft.
  • Multi-family
  • Active
Listed by: jorge lugo
Office: real broker ny llc.
MLS#:1045579
Source:OneKey MLS

Price summary

  • Price:$649,900
  • Price per sq. ft.:$94.19

About this home

Investment Opportunity – High Cash Flow Property in the Heart of Poughkeepsie Presenting 40 S. Hamilton Street, a rare opportunity to acquire a proven income-producing property in the City of Poughkeepsie. This well-established rooming house consists of nine private single-occupancy rooms, seven bathrooms, providing affordable and independent living accommodations that serve a critical role in the local housing market. This property is a grandfathered rooming house (meaning no other property can be zoned as a rooming house without a special permit). Coin operated laundry also included in the basement. The property has demonstrated strong and consistent performance, currently generating approximately $100,000 in annual gross rental income with a current NOI of $49,315. Residents enjoy access to shared common areas including a communal kitchen, lounge, and hallway facilities on each floor, creating a practical and cost-effective housing solution for tenants. Situated on a generous...

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Home facts

  • Year built:1890
  • Listing ID #:1045579
  • Added:53 day(s) ago
  • Updated:October 25, 2026 at 10:55 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Partially Finished
  • Living area:6,900 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1890
  • Building area:6,900 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Brick

Schools

  • High school:Poughkeepsie High School
  • Middle school:Poughkeepsie Middle School
  • Elementary school:Gov George Clinton School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$649,900
  • Price per sq. ft.:$94.19
  • Tax amount:$17,940 (2025)

Parking

  • Parking description:Driveway
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