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58 Lincoln Avenue, Poughkeepsie, NY 12601

Poughkeepsie
Local realty services provided by:CENTURY 21 New West Properties
58 Lincoln Avenue,Poughkeepsie, NY 12601
$500,000
  • 9 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: curtis darragh
Office: legacy land & homes llc.
MLS#:837183
Source:OneKey MLS

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Price summary

  • Price:$500,000

About this home

High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 9 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash...

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Home facts

  • Year built:1900
  • Listing ID #:837183
  • Added:366 day(s) ago
  • Updated:April 03, 2026 at 06:54 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Construction Materials:Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Tax amount:$8,973 (2024)
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