1 Park Place
Poughkeepsie, NY 12601
4
Bed
2
Bath
0.06Acre(Lot)
Turnkey Investment Opportunity! This 2-family home is fully occupied and generating $52,800 annually. It will provide reliable cash flow from day one. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000). Leased solar panels were installed in 2022 to keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed. Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Basement: Full, Storage Space, Unfinished -
Interior Features
Open Floorplan, Pantry Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1910 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Size Acres: 0.06 Lot Size Square Feet: 2614
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Listing Price Information
Listing Price: $500000
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Tax Information
Parcel Number: 131300-6162-71-319186-0000 Annual Tax: $7350
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Parking Information
Off Street, Oversized, Private
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School Information
Elementary School: Morse Young Magnet SchoolJunior High School: Poughkeepsie Middle SchoolSenior High School: Poughkeepsie High School -
Utility Information
Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 33 Manitou Avenue, Poughkeepsie, NY, 12601 | $449,999 | 6 | 2 | -- | |
| 9 Lawrence Road, Poughkeepsie, NY, 12601 | $465,000 | 4 | 2 | -- | |
| 112 Smith Street, Poughkeepsie, NY, 12601 | $399,000 | 4 | 2 | -- | |
| 21 Lent Street, Poughkeepsie, NY, 12601 | $459,000 | 4 | 2 | -- | |
| 55 Smith Street, Poughkeepsie, NY, 12601 | $480,000 | 2 | 2 | -- | |
| 63 Thompson Street, Poughkeepsie, NY, 12601 | $409,000 | 4 | 2 | -- | |
| 95 Cannon Street, Poughkeepsie, NY, 12601 | $350,000 | 6 | 3 | -- | |
| 41 Conklin Street, Poughkeepsie, NY, 12601 | $449,000 | 2 | 2 | -- | |
| 17 Carroll Street, Poughkeepsie, NY, 12601 | $500,000 | 4 | 2 | -- | |
| 17 Conklin Street, Poughkeepsie, NY, 12601 | $450,000 | 6 | 3 | -- |
Similar Multifamily To 1 Park Place
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ByOwner last updated this listing 07/18/2026 @ 03:41
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