Poughkeepsie, NY 12601,198 Main ST
Poughkeepsie, NY 12601,198 Main ST
Poughkeepsie, NY 12601,198 Main ST
14
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$575,000
Est. payment /mo
Price Dropped by $24K

198 Main ST Poughkeepsie, NY 12601

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UPDATED:

09/21/2024 05:25 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID H6318376

Originating Board onekey

Rental Info No

Year Built 1900

Annual Tax Amount $10,000

Property Description

Fantastic 3000 ft² 3-unit mixed use building on bustling Main St Poughkeepsie. 2000 ft² residential & 1000 ft² commercial. All units leased. Storefront currently in use as a hair salon. Building boasts brick construction, 2 rear balconies with seasonal Hudson River views and rear garden area. Easy walk to Metro North, community centers, entertainment, recreation, shops, restaurants & more. Quick car ride to Vassar College, Marist College, Vassar Brothers Medical Center, Walkway Over the Hudson, American Culinary Institute & Dutchess Community College. Plenty of public parking available across the street. Property offered at 6.7% cap, with a potential pro forma cap rate of 9%+ with interior updates and market rents. Virtual Tour & Offering Memorandum available upon request! Interested buyers we please ask you provide proof of funds. For appointments, please contact us through Showingtime with at least 48 hours notice. Call us anytime for more information we are happy to help.

Location

State NY

County Dutchess

Zoning C-2 Central Commercial

Interior

Heating Electric, Natural Gas, Baseboard, Heat Pump

Cooling Wall Unit(s)

Fireplace No

Appliance Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Poughkeepsie

Others

Special Listing Condition None


Listed by Manisali Services, LLC • 202-5400671

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Ronald J. Logallo, Jr.

Realtor | License ID: 40LO1034700

+1(631) 335-7141

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198 Main ST