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50 Academy Street, Poughkeepsie, NY 12601

Poughkeepsie
Local realty services provided by:CENTURY 21 Ed & Margaret Williams Realty
50 Academy Street,Poughkeepsie, NY 12601
$700,000
  • 9 Beds
  • 3 Baths
  • 3,828 sq. ft.
  • Multi-family
  • Active
Listed by: ginalea healy
Office: k. fortuna realty, inc.
MLS#:973933
Source:OneKey MLS

Price summary

  • Price:$700,000
  • Price per sq. ft.:$182.86

About this home

Academy Street Development Opportunity Multi-Family + 2 Vacant Parcels | Value-Add + Redevelopment Potential Located in the heart of Downtown Poughkeepsie’s rapidly evolving corridor, this Academy Street offering presents a rare opportunity to acquire a multi-family property along with two adjoining vacant parcels, ideal for both immediate income and future development. The existing multi-family structure features large residential units with strong rental potential, making it an attractive value-add investment. With renovations, this property can generate solid cash flow while providing a strategic hold for future expansion. What truly sets this offering apart are the two additional vacant parcels, creating a unique assemblage that opens the door to a variety of redevelopment possibilities. Whether expanding the current building, constructing new residential units, or creating a mixed-use concept, the flexibility here is a major advantage. Situated within the MU-5 (Mixed-Use 5)...

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Home facts

  • Year built:1900
  • Listing ID #:973933
  • Added:64 day(s) ago
  • Updated:June 12, 2026 at 10:47 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Full
  • Living area:3,828 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:3,828 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Brick

Schools

  • High school:Poughkeepsie High School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$182.86
  • Tax amount:$4,151 (2025)

Features and amenities

  • Amenities:High Ceilings

Parking

  • Total parking spaces:20
  • Parking description:Common, Parking Lot, Private
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID <lastMLSCheckTimestamp>. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS. LI Member Broker: Margaret Williams

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