High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property.
Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 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!
For sale
$550,000
58 Lincoln Avenue, Poughkeepsie, NY 12601
9beds
3,576sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$154/sqft
$-- HOA
What's special
Spacious units
- 132 days
- on Zillow |
- 242 |
- 13 |
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