7 Fox Terrace, Poughkeepsie, NY 12603
- $425,000
- 6
- BD
- 2
- BA
- 2,000
- SqFt
- List Price
- $425,000
- Days on Market
- 38
- MLS#
- H6324706
- Status
- ACTIVE
- Property Type
- Multi Family
- Style
- Two Story, Colonial
- Year Built
- 1925
- Property Tax
- $6,724
- Neighborhood
- Poughkeepsie City
- School District
- Poughkeepsie
- High School
- Poughkeepsie High School
- Jr. High
- Poughkeepsie Middle School
- Elementary School
- Gov George Clinton School
Property Description
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Access to the property is limited.
Additional Information
- Bedrooms
- 6
- Bathrooms
- 2
- Full Baths
- 2
- Square Footage
- 2,000
- Acres
- 0.06
- Parking
- On Street
- Basement
- Full
- Heating
- Natural Gas, Hot Water
- Cooling
- Window Unit(s)
- Water
- Public
- Sewer
- Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Barry Malawer (bmalawer@aol.com) from Listing Office: Coldwell Banker Realty.
Information Copyright 2024, OneKey® MLS. All Rights Reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS.