Price Reduced ListingTurnkey Investment Opportunity - Fully Renovated Two-Family Home with Strong Rental Income Don't miss this exceptional opportunity to own a fully renovated two-family property generating approximately $43,000 in annual rental income. Both apartments are currently occupied by tenants, providing immediate and reliable cash flow for investors. This well-maintained multi-family home features two spacious apartments, each offering: 2 Bedrooms 1 Full Bathroom Bright Living Room Functional Kitchen Separate Living Space for Privacy and Comfort The property has undergone extensive renovations designed to create a modern, welcoming, and low-maintenance living environment. Recent improvements include: Complete renovation of the first and second-floor apartments Updated bathrooms New flooring throughout New energy-efficient windows New water heater installed in June 2026 Professionally improved front and backyard landscaping Attractive shared backyard area for tenant enjoyment With strong rental income already in place, major capital improvements completed, and a desirable two-family layout, this property offers an excellent opportunity for investors seeking immediate returns or owner-occupants looking to offset mortgage costs with rental income. A true turnkey property-collect rent from day one and enjoy the benefits of extensive renovations and stable tenancy.
| MLS # | 1017057 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 106 |
| Listing Provided By | Keller Williams Realty | Amanda Rivera |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,898 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.07 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Interior Features | Ceiling Fan(s), Entrance Foyer |
| Construction Materials | Wood Siding |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 305300 |
| Tax Annual Amount | 10432.43 |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| School District | Poughkeepsie High School |
| Elementary School | Gov George Clinton School |
| High School | Poughkeepsie High School |
| Listing VS Median (in 12601) | |
Price: $470,000 low | high Med: $299,900 sqft: 1,898 low | high Med: 2,020 $ / sqft: $248 low | high Med: $194 On site: 106 low | high Med: 288.5 | |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| School District | Poughkeepsie High School |
| Elementary School | Gov George Clinton School |
| High School | Poughkeepsie High School |
| Listing VS Median (in 12601) | |
Price: $470,000 low | high Med: $299,900 sqft: 1,898 low | high Med: 2,020 $ / sqft: $248 low | high Med: $194 On site: 106 low | high Med: 288.5 | |