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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

    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

    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#: M418921MLS Logo

    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