1016 Holmes Street
1016 Holmes Street
1016 Holmes Street
1016 Holmes Street
1016 Holmes Street
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$1,100,000

1016 Holmes Street

Description

Excellent investment opportunity on the historic south side of the City of Poughkeepsie. Two 4 unit buildings being offered together as one package totaling 8 units. A truly turn-key opportunity, with room for growth, all units are currently leased with gross income of more than $110,000. These buildings have had multiple updates, including upgraded electrical service & insulation, vinyl windows, a newer roof on #10, & much more. There is a large off-street parking lot on the property in the rear for tenants. Separately metered gas & electric. Prime location adjacent to the Poughkeepsie Tennis Club and in close proximity to Vassar Hospital, Route 9, & the Poughkeepsie Metro North Station.,ROOF:Asphalt Shingles,Below Grnd Sq Feet:2400,ExteriorFeatures:Landscaped,Outside Lighting,OwnerPays:Garbage/Trash,Water,Sewer,Taxes,Maintenance,AboveGrade:4800,FOUNDATION:Concrete,Unfinished Square Feet:2400,Heating:Gas,Electric Expense:571

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Location

1016 Holmes Street, Poughkeepsie, NY 12601

Status

Sold
Jake Garay

Jake Garay

TITLE

Team Lead, Associate Real Estate Broker

Property Amenities

Area & Lot
Lot Area 0.34 Acres
MLS® ID HM405280
Year Built 1920
School District Poughkeepsie
High School Poughkeepsie High School
Middle School Poughkeepsie Middle School
Elementary School G W Krieger School
View Description City
Type Multi-Family
Status Sold
Exterior
Air conditioning Wall Unit(s)
Water Source Public
Garage Space 1.0
Parking Garage, Off Street
Lot Features Level
Finance
Sales Price $1,100,000
Real Estate Tax $22,370 yearly

Work With Us

To us, every relationship means so much more than a transaction. That's why our team strives to build strong, lasting relationships with each and every client that go beyond business. We understand what is at stake when finding your dream home, which is why we work closely with you every step of the way--making the otherwise overwhelming process completely stress-free.