Income-producing 4-unit multifamily property featuring a 3-family building and attached carriage house near downtown Poughkeepsie. Three units are occupied, with one vacant unit offering immediate lease-up potential or owner-occupancy flexibility. three units have been updated within the past two years. The carriage house utilizes natural gas heat, while the main building is heated by oil. Off-street parking adds tenant convenience. Landlord's only utility expense is the oil heat for the main building. Excellent opportunity for investors seeking stable income with upside potential. Heating fuel: oil (above-ground tank).
Type:
Single-family residential
Heating:
Electric, Hot Water, Natural Gas, Oil, Other
Construction
Vinyl Siding
Utilities
Sewer Connected, Water Connected
Elementary School:
Morse Young Magnet School
Middle School:
Poughkeepsie Middle School
High School:
Poughkeepsie High School
School District:
Poughkeepsie
60 Noxon Street, Poughkeepsie, NY, 12601
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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