About 65 Academy Street
Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area.
Features of 65 Academy Street
| MLS® # | 1053462 |
|---|---|
| Price | $749,900 |
| Square Footage | 5,912 |
| Acres | 0.13 |
| Year Built | 1938 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Style | Row Dwelling |
| Status | Active |
Community Information
| Address | 65 Academy Street |
|---|---|
| City | Poughkeepsie |
| County | Dutchess County |
| State | NY |
| Zip Code | 12601 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | On Street, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Linoleum, Wood |
|---|---|
| Appliances | Oven, Refrigerator |
| Heating | Natural Gas, Oil |
| Cooling | None |
| Has Basement | Yes |
| Basement | Partial |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Construction | Frame |
|---|
School Information
| District | Poughkeepsie City |
|---|---|
| Elementary | Gov George Clinton School |
| Middle | Poughkeepsie Middle School |
| High | Poughkeepsie High School |
Additional Information
| Date Listed | September 21st, 2026 |
|---|---|
| Zoning | R-1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna Rand Realty |
|---|