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Active - Mixed Use for sale

579 Main Street, Poughkeepsie, NY 12601

5,078 sqft

Facts & features

Mixed Use Property type
1061 days on Beycome
$187 Price/Sqft.

Why you’ll love it

Welcome to 579 Main street! Opportunity knocks with this in-construction 90% completed five mixed income property. With a potential 10% cap rate , this property when completed will be completely turnkey. All units have pre-installed new hvac units, all new electric , plumbing and spray R-rating insulation foam to give each tenant the best living and work experience. All bathrooms have been completely tiled with modern style tiles. Choose your own kitchen cabinets to fit your taste. Separate meter for each unit making it easy for tenants to cover water and electric! Tenants pay wat Currently the city of Poughkeepsie has a 95% occupancy rate and upon request assistance can be given in finding tenants for each of the 5 units. Construction is scheduled to be finished shortly!! Now is the time to act and lock in this once in a lifetime deal PERFECT for the investor OR end user!

Translating description...

Listed by: Adi Ramada • adi.ramada@cbrealty.com • Coldwell Banker Realty

Co-listed by: Coldwell Banker Realty

Come see by yourself

Affordability

$615,000$1,280,000
1%20%
0%90%
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Estimated monthly payment

$5,051/mo

  • Mortgage$4,799
  • Property tax$252
  • HOA fee
  • Homeowners insurance
Due at closing$754,455
Down payment held in escrow$189,800
Closing costs$14,235
beycome credit Est.$18,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Poughkeepsie

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$949,000 Listed price

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$18,980 Credit back

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