58 Lincoln Avenue

Poughkeepsie, NY 12601 Directions
$525,000
  • 9Bed
  • 3Baths
  • 0.08Acres
  • 1900Built

Property Highlights

  • Days on Market: 264
  • MLS: 837183

Property Highlights

  • Days on Market: 264
  • MLS: 837183

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...

Property Highlights

  • Days on Market: 264
  • MLS: 837183

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 flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!

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 flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!

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  • Additional Information
    • Basement Description: Unfinished
    • Days On Market: 264
    • Elementary School District: Poughkeepsie City
    • On Market Date: 2025-04-01
    • Sewer: Public Sewer
    • Tax Amount: $8,972
    • Type: Residential Income
    • Unit Count: 3
    • Utilities: Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    • Year Built: 1900
  • Interior/Exterior Features
    • Beds: 9
    • Construction Materials: Frame
    • Full Baths: 3
    • Heat: Natural Gas, Other
    • Interior Features: Other
Listing Courtesy of Curtis Darragh of Legacy Land & Homes LLC.
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