MLS#1053462
STATUSActive
PROPERTY TYPECommercial -
SCHOOLPoughkeepsie City
Property Description
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.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Partial
Cooling: None
Heating: Natural Gas, Oil
Home Style: Row Dwelling
Lot Size: 0.13 Acres
Stories: 3.0
Taxes: $19,026
Year Built: 1938
Feature Descriptions
Appliances: Oven, Refrigerator
Building Area Total: 5912
Days on Site: 3
Exterior: Frame
Flooring: Carpet, Linoleum, Wood
Heating Units: 1
Heating Zones: 5
On Market Date: 2026-09-21
Parcel Number: 131300-6161-21-091960-0000
Parking Features: On Street, Parking Lot
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 5
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Poughkeepsie High School
Middle School: Poughkeepsie Middle School
Elementary School: Gov George Clinton School
School District: Poughkeepsie City
Listed By / Shown By
Listing By
Agency Name: Howard Hanna Rand Realty
Agency Contact: 845-562-0050
Shown By
Agent Name: Carla Fernandes
Agent Phone: (516) 859-4532
Agency Title: Coldwell Banker American Homes
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65 Academy Street | MLS# 1053462
This commercial property located at 65 Academy Street , Poughkeepsie, NY 12601 is currently listed for sale with an asking price of $749,900. Academy Street is located within the Poughkeepsie City school district. Search Poughkeepsie real estate on carlafernandes.cbamhomes.com today.