1 Park Place, Poughkeepsie, NY 12601

Poughkeepsie
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
1 Park Place,Poughkeepsie, NY 12601
$500,000
  • 4 Beds
  • 2 Baths
  • 2,500 sq. ft.
  • Multi-family
  • Active
Listed by: kevin daly
Office: re/max town & country
MLS#:1022089
Source:OneKey MLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$200

About this home

Turnkey Investment Opportunity! This 2-family home is fully occupied and generating $52,800 annually. It will provide reliable cash flow from day one. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000). Leased solar panels were installed in 2022 to keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed. Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is designed for both tenant appeal and long-term value.

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Home facts

  • Year built:1910
  • Listing ID #:1022089
  • Added:13 day(s) ago
  • Updated:July 30, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Pantry
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,500 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1910
  • Building area:2,500 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Poughkeepsie High School
  • Middle school:Poughkeepsie Middle School
  • Elementary school:Morse Young Magnet School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$200
  • Tax amount:$7,350 (2025)

Features and amenities

  • Amenities:Open Floorplan

Parking

  • Parking description:Off Street, Private
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