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58 Lincoln Avenue, Poughkeepsie, NY 12601
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$525,000
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Home Details for 58 Lincoln Avenue
Price
$525,000
Type
Multi Family
Bedrooms
9
Total Bathrooms
3
Full Bathrooms
3
Year Build
1900
Lot Size
0.08
County
Dutchess
Basement
Unfinished
Tax
$8,972.51
MLS®️ Listing#
837183
On exitrealty.com
234 days
Property Description
High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property.
Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 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!
- Utilities
- Natural Gas Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Heating Information
- Natural Gas
- Other
- Cooling Information
- None
- Water Features
- Public
- House Interior
- Other
- Basement
- Unfinished
Listing Courtesy: Legacy Land & Homes LLC - 845-206-9462. Presented by: Curtis Darragh
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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