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58 Lincoln Avenue, Poughkeepsie, NY 12601

Beds
9
Baths
3
Sqft
3,576

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLegacy Land & Homes LLC
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Overview

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!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
9
Number of bathrooms
3
Square feet
3,576
Lot size (acres)
0.08
Year built
1900

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Other
Cooling
None
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$1,507

Taxes

Tax Annual Amount
$8,972.51

Public schools

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Sourced from: Onekey MLS MLS®#: 837183 Last checked:

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