7 Fox Terrace Poughkeepsie, NY 12603
Listing by: ONEKEY / Coldwell Banker Realty / Barry Malawer - Contact:  914 2327000

  7 Fox Terrace Poughkeepsie, NY 12603

Active (20 Days)
$425,000
6
BED
2
BATH
2,000
SQFT

Description

Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone significant renovations, including the exterior, utility systems, and the entire first-floor unit. The second-floor unit offers the added benefit of a full, walk-up attic, providing ample storage space. Both units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs on standard leases ($2,000 and $1,900 per month). Additionally, the investment potential extends with neighboring properties at 2 and 8 Fox Terrace also available for purchase. Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.

MLS #:
H6324706
Taxes
$6,724
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
1925
Style
Colonial, Two Story
School District
Poughkeepsie
County
Dutchess County

Listed By

Barry Malawer, Coldwell Banker Realty, Contact: 914 2327000
Source
ONEKEY
Last checked Sep 16 2024 at 7:44 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Eat-In Kitchen
  • First Floor Bedroom
Lot Information
  • Near Public Transit
  • Level
Heating and Cooling
  • Hot Water
  • Natural Gas
  • Window Unit(s)
Basement Information
  • Full
Utility Information
  • Sewer: Sewer
School Information
  • Elementary School: Gov George Clinton School
  • Middle School: Poughkeepsie Middle School
  • High School: Poughkeepsie High School
Parking
  • On Street
Living Area
  • 2,000 sqft
Additional Information: Katonah Bedford | 914 2327000
Location
   
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