Active
337 Main Street
Poughkeepsie NY, 12601
$995,000
$130.25 per sqft
Active
5 Beds
5 Baths
7,639 sqft
Multi-family
Built in 1900
Located in the heart of the Poughkeepsie Central Business District, 337 Main is a prime 3-story, 8,060 SF mixed-use property offering a diverse range of possibilities for retail, office, and medical uses. The building features a stable income stream with two updated, fully-occupied 2-bedroom, 2-bath apartments and one updated, fully-occupied 1-bedroom apartment. Gross income from the apartments of almost $6200/mo and with the vacant commercial space gross income potential of over $100K! The ground-floor retail space, a spacious 3,300 SF "vanilla-box," is vacant and offers an excellent opportunity for a new tenant. With a competitive asking rent of $14-16/SF gross, plus utilities, the retail space provides strong leasing potential. The property has been meticulously maintained, with numerous upgrades throughout, ensuring no deferred maintenance. Situated in a prime location with flexible zoning, 337 Main presents a strong investment opportunity with both immediate cash flow and long-term value potential. Excellent location, in the heart of Downtown, minutes to the Culinary, Marist College, Walkway over the Hudson, Poughkeepsie Train Station, local shops, restaurants, schools and more!
803995
MLSⓇ ID
December 10, 2024
Listed
December 19, 2024
Updated
Map
337 Main Street
Poughkeepsie NY, 12601
Interior Features
Bedrooms
5
Total Bathrooms
5
Full Bathrooms
5
Interior Features
Other
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.09 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$4,926
Tax Frequency
Annually
Days on Market
9
Garage
No
View
No
County
Dutchess County
Water Source
Public
Pool
No
Listed by Justin M. LaFalce Don Minichino with Keller Williams Realty Partner
Listing Contact: 914-962-0007
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jake Garay shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5:48 PM UTC, 12/19/2024