Poughkeepsie, NY 12601,1 Morgan AVE

$550,000

$600,000

8.3%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

4,356 Sqft Lot


SOLD DATE : 10/15/2025

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 817405

Sold Date 10/15/25

Bedrooms 4

Full Baths 4

Rental Info No

Year Built 1920

Annual Tax Amount $10,247

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Quadruplex

Source onekey2

Property Description

Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!

Location

State NY

County Dutchess County

Rooms

Basement Unfinished

Interior

Interior Features Other

Heating Natural Gas, Radiant, Other

Cooling None

Fireplace No

Exterior

Parking Features On Street

Utilities Available Trash Collection Public

Garage false

Building

Lot Description Near School

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Warring Magnet Acad Of Sci & Tech

Middle Schools Poughkeepsie Middle School

High Schools Poughkeepsie City

School District Poughkeepsie City

Others

Senior Community No

Special Listing Condition None

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Listed by Legacy Land & Homes LLC • Curtis Darragh
Bought with Keller Williams Realty Partner
Anthony & Beronica

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(516) 852-9753

anthony@nhorange.com

1029 Little East Neck Rd, West Babylon, New York, 11704, USA

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