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11 Franklin Street, Poughkeepsie, NY 12601

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For Sale

$690,000

2 beds1 baths5,520 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $125.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention all investors and owner-occupiers! Discover this well-maintained 4-family home, ideally situated just one block from Vassar Brothers Medical Center. Spanning over 5,500 square feet, this property features four spacious 2-bedroom, 1-bath units, each with separate utilities for gas, heat, and hot water ensuring convenience and efficiency. With newer gas furnaces in place, you ll enjoy peace of mind as well as reduced maintenance costs. Step inside to discover charming touches like a stained glass window, original trim molding, and hardwood floors in the living room and bedrooms. Most windows have been replaced. One unit has been beautifully renovated with a modern eat-in kitchen, quartz countertops, vinyl flooring, and stainless steel appliances, along with a new bathroom. The other units are ready to shine with some light updating. Enjoy front and back door access and staircases, two inviting covered porches, a driveway for parking, and a backyard that can also serve as additional parking. The spacious walk-up attic holds fantastic potential for future expansion, opening up even more possibilities for value enhancement, as well as a full basement. Current tenants enjoy low rents that are not reflective of the current market, paving the way for substantial projected income. With a prime location close to Route 9, Metro North, public transportation, shopping, local eateries, and the breathtaking outdoor offerings of the Hudson Valley, this is an exceptional investment opportunity waiting for you. Seize the opportunity to elevate your portfolio today! The owner will consider holding the mortgage with a well-qualified purchaser.
MLS# 917495

Courtesy Of RE/MAX Town & Country

(845) 765-6128

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl, Wood
  • Lot Size
    0.11 Acres
  • Rooms
    Basement

Home seller CENTURY 21 Hudson Valley Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Hudson Valley Realty

(845) 454-6334
Learn More About Us

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