About 12 Fox Terrace
8.2 CAP RATE!!! Welcome to an exceptional investment opportunity in the heart of Poughkeepsie, New York! This well maintained, fully rented two-family property features spacious 2-bedroom/1-bathroom units ensuring immediate passive income generation. Below market rents and value add opportunity provides for a conservative 8.2 pro forma cap rate. This property promises an attractive return on investment! Conveniently located near schools and public transportation, in a resilient and growing real estate market, Poughkeepsie offers the ideal setting for this income-generating gem. With a strong rental demand, this property is a must-consider for investors seeking long-term appreciation and consistent rental income. Don't miss out on this golden opportunity schedule a viewing today and secure your place in the thriving Poughkeepsie market!
Features of 12 Fox Terrace
| MLS® # | H6285626 |
|---|---|
| Price | $300,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,024 |
| Acres | 0.08 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | 12 Fox Terrace |
|---|---|
| City | Poughkeepsie City |
| County | Dutchess |
| State | NY |
| Zip Code | 12603 |
Amenities
| Parking | Driveway |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Hot Water |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Partial |
| Fireplace | No |
School Information
| District | Poughkeepsie |
|---|---|
| Elementary | Gov George Clinton School |
| Middle | Poughkeepsie Middle School |
| High | Poughkeepsie High School |
Additional Information
| Date Listed | January 20th, 2024 |
|---|---|
| Days on Market | 105 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Legacy Land & Homes LLC |
|---|