NY
Dutchess
Poughkeepsie
12601
58 Lincoln Avenue
58 Lincoln Avenue, Poughkeepsie, NY 12601
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Listing Type
Multi Family
Listing Status
active
4
$550,000

Home Details for 58 Lincoln Avenue

Price
$550,000
Type
Residential Income
Bedrooms
9
Bathrooms
3.0
Square feet
NaN
Year built
1900
Lot size acres
0.08
County
Dutchess
Garage
Basement
Unfinished
Days on site
175
MLS Listing#
837183
Property Description

High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • None
  • Heating Information
    • Other
  • Water Features
    • Public
  • House Interior
    • Other
  • Basement
    • Unfinished
Listing Courtesy: Legacy Land & Homes LLC - 845-206-9462
Presented by: Curtis Darragh
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
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2790 W. Main St., Wappingers Falls, NY 12590
Office
845 298 6034
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