Poughkeepsie, NY 12601 1 Morgan Avenue
$600,000

Home Details
Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!
Interior Features for 1 Morgan Avenue
Other Interior Features
BasementUnfinished
General for 1 Morgan Avenue
Building Area UnitsSquare Feet
Elementary SchoolWarring Magnet Acad Of Sci & Tech
High SchoolPoughkeepsie High School
High School DistrictPoughkeepsie City
Middle/Junior High SchoolPoughkeepsie Middle School
Number Of Units Total4
Additional Details
Price History
Schools
Middle School
Poughkeepsie Middle School
High School
Poughkeepsie High School
Elementary School
Warring Magnet Acad Of Sci & Tech Elementary School

Gregory Berkowitz
Licensed Real Estate Salesperson