86 S Hamilton Street, Poughkeepsie, NY

$549,000

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6

Beds

3

Baths

3,249

Square feet

0.12

Acres

About 86 S Hamilton Street

Great find! Three family fully rented. Located on the Southside of Poughkeepsie. The set up is 2 Bedrooms and 1 bath on each floor. All apartments have gas stoves and refrigerators; Flooring is mixed with some hardwood and laminate. There is only 1 heating system and 1 electric meter. All apartments have baseboard /radiator hot water heat. Separation can be done with 2 apartments by adding the ductless systems for heat and getting two electric meters for the other apartments through the City of Poughkeepsie. Current Monthly rent roll is $5,050 a month. Total gross rents per year is $60.600.00. Private off-street parking - two car garage with loft is a bonus. The loft offers additional storage and other possibilities for future revenue. School tax is $3971.90, and Property tax is $5120.11 Gas & Electric for all three apartments for a year is 7200. Other updates include most of the windows, updated kitchens and bathrooms, and self-closing steel doors. No leases in effect. Rents below market. Great potential to increase revenue. Currently 7% cap rate.

Features of 86 S Hamilton Street

MLS® # 874243
Price $549,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Internal Footage 3,249
Square Footage 5227
Acres 0.12
Year Built 1930
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 86 S Hamilton Street
City Poughkeepsie
County Dutchess County
State NY
Zip Code 12601

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Parking Spaces 4
Parking Driveway, Garage, On Street
# of Garages 2
View Neighborhood
Is Waterfront No
Has Pool No

Interior

Interior Combination, Hardwood, Tile, Vinyl
Interior Features First Floor Bedroom, First Floor Full Bath, Entrance Foyer, High Ceilings, Storage
Heating Natural Gas
Cooling None
Fireplace Yes
Fireplaces Decorative
Has Basement Yes
Basement Finished, See Remarks, Walk-Out Access

Exterior

Exterior Features Lighting, Mailbox
Lot Description Back Yard, Near Public Transit, Near School
Construction Aluminum Siding

School Information

District Poughkeepsie City

Additional Information

Date Listed June 6th, 2025
Days on Market 146
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofBHHS Hudson Valley Properties
Contact Info845-473-1650

Listing Map

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