Poughkeepsie, NY 12601,40 S Hamilton ST
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Poughkeepsie, NY 12601,40 S Hamilton ST
Poughkeepsie, NY 12601,40 S Hamilton ST
Poughkeepsie, NY 12601,40 S Hamilton ST
Poughkeepsie, NY 12601,40 S Hamilton ST
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Russ Woolley

Russ Woolley

Wright Bros Real Estate Inc

+1(845) 304-6038
$ 749,999
Est. payment /mo
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Active

40 S Hamilton ST Poughkeepsie, NY 12601

9 Beds

9 Baths

4,238 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,238 sqft

Price per Sqft $176

MLS Listing ID 840027

Style Victorian

Bedrooms 9

Full Baths 7

Half Baths 2

HOA Y/N No

Rental Info No

Year Built 1891

Annual Tax Amount $16,585

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Single Family Residence

Source onekey2

Property Description

BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT ENHANCEMENT.

A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, there is additional income potential.

Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!

Location

State NY

County Dutchess County

Rooms

Basement Finished, Full, Storage Space, Walk-Out Access

Interior

Interior Features Beamed Ceilings, Built-in Features, Entrance Foyer, Formal Dining, High Ceilings, Primary Bathroom, Washer/Dryer Hookup

Heating Radiant

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer

Exterior

Parking Features Driveway, On Street

Utilities Available Trash Collection Public

Total Parking Spaces 5

Garage false

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick

Schools

Elementary Schools G W Krieger School

Middle Schools Poughkeepsie Middle School

High Schools Poughkeepsie High School

Others

Senior Community No

Special Listing Condition None


Listed by The Select Team, LLC
agent

Russ Woolley

President - Broker Owner | License ID: 10311203807

+1(845) 304-6038

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40 S Hamilton ST