10 Eastman Ter, Poughkeepsie, NY

Name: 10 Eastman Ter, For Sale in Poughkeepsie - Zoocasa
Brand: Serhant LLC
SKU: 1030135
Price: 950000 USD

House

For Sale

Listed price in listed location currency (USD).

$950,000

000

MLS® 1030135

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $15,377

Days Active 19

Lot Size 0.14 Acres

Approx. Age 1900

MLS® Number 1030135

Property Address: 10 Eastman Ter, Poughkeepsie, NY, 12601-4372

Average square foot calculated using Size range provided by listing agent.

Description

Income-producing multifamily opportunity delivering an 8.5% current cap rate, with potential to reach approximately 10.5% at pro forma rents. This 5-unit property features (1) 1-bedroom apartment, (2) 3-bedroom apartments, and (2) 4-bedroom apartments, generating $117, 480 in current gross annual income. All tenants pay for heat, hot water, and electricity, while the landlord is responsible for water and sewer. The sale also includes a separately deeded 9-car parking lot, with one parking space for each unit, and every apartment has an in-unit washer/dryer hookup. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with meaningful room for future upside. An ideal opportunity for investors seeking a stable, income-producing asset in a prime Poughkeepsie location. Income & expense information available upon request.

MLS® Number1030135

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

BasementFinished, Full, Walk-Out Access

DrivewayDriveway, Off Street, Parking Lot

Garage Spaces

HeatBaseboard, Natural Gas

A/CNone

Extras

Map

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