A unique and rare opportunity is available in this investment property with 4 detached spaces (3 currently producing income) a 2 car garage and possible space for expansion. Land Use is 416 (Mobile Home Park), zoned Neighborhood Business. With high visibility on Route 44, there is a 500 sqft late 19th century updated building with basement currently used as a small nail salon, formerly used as a small pizzeria, ($600/mo rent, leased until end of 2024.) At the rear of the building is an attached 2 car garage which may be rented or used for storage. Adjacent is an older vacant mobile home which may be renovated / replaced / rented. There are (2) 2020 built Manufactured Homes; one owned by it's occupant (collects $600/mo lot rent) and one currently tenant occupied (rented $1200/mo, no lease). This 2 BR home with fenced yard may be owner occupied, sold (>$100K+ value), or adjusted to market standard to increase income (avg $1800/mo+). There is open lawn to the right side of the driveway upon entry which may provide opportunity for potential additional use. A small stream runs through the property. Two septics and town water. Manufactured homes are propane heat, and retail space offers split unit heat/AC. Rarely does a property like this become available which offers easy increase and/or near-immediate return of substantial income. Current gross $29K annual, with potential for over $40K after adjustments to current rents, and further additional income if the older mobile home is utilized for income. Advanced notice req'd. Please do not enter without scheduled appointment.,AboveGrade:2750,AMENITIES:Medical Facility,Below Grnd Sq Feet:450,ExteriorFeatures:Outside Lighting,FLOORING:Laminate,FOUNDATION:Slab,Stone,OwnerPays:Fire Insurance,Maintenance,Taxes,Water,ROOF:Asphalt Shingles,Unfinished Square Feet:450
Sold for $370,000 on 01/10/24
$370,000
1104 DUTCHESS TURNPIKE, Poughkeepsie, NY 12603
2beds
5baths
--sqft
Quadruplex
Built in 1880
-- sqft lot
$420,900 Zestimate®
$--/sqft
$2,577 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 16, 2024 at 10:30am
Listed by:
Jill A. Doppel 845-546-5875,
Jill Doppel Real Estate, LLC 845-546-5875
Bought with:
MATT JORDAN, 35JO0808403
Source: OneKey® MLS,MLS#: M418921

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 5
Cooling
- Wall/Window Unit(s)
Features
- Basement: Unfinished
Property
Parking
- Parking features: Attached, Garage, Off Street
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 0.74 Acres
- Features: Level, Near Public Transit, Wooded
Details
- Parcel number: 13468900636200010626040000
- Zoning: BN NBHDBIZ
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Year built: 1880
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Park
Location
- Region: Poughkeepsie
- Subdivision: OTHER
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$420,900
2% more+ $8,418
With Zillow Showcase(estimated)
$429,318