58 Lincoln Avenue, Poughkeepsie, NY 12601
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
58 Lincoln Avenue,Poughkeepsie, NY 12601
$525,000
- 9 Beds
- 3 Baths
- 3,576 sq. ft.
- Multi-family
- Active
Listed by: curtis darragh
Office: legacy land & homes llc.
MLS#:837183
Source:OneKey MLS
Price summary
- Price:$525,000
- Price per sq. ft.:$146.81
About this home
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!
Contact an agent
Home facts
- Year built:1900
- Listing ID #:837183
- Added:263 day(s) ago
- Updated:December 21, 2025 at 11:42 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,576 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1900
- Building area:3,576 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$146.81
- Tax amount:$8,973 (2024)
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