Poughkeepsie, NY 12601 58 Lincoln Avenue
$550,000



Home Details
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!
Interior Features for 58 Lincoln Avenue
Other Interior Features
BasementUnfinished
General for 58 Lincoln Avenue
Building Area UnitsSquare Feet
High School DistrictPoughkeepsie City
Number Of Units Total3
Additional Details
Price History

Gregory Berkowitz
Licensed Real Estate Salesperson