1104 DUTCHESS TURNPIKE, Poughkeepsie, NY 12603

A unique and rare opportunity is available in this investment property with 4 detached spaces (3 currently producing income) a 2 car garage and possible space for expansion. Land Use is 416 (Mobile Home Park), zoned Neighborhood Business. With high visibility on Route 44, there is a 500 sqft late 19th century updated building with basement currently used as a small nail salon, formerly used as a small pizzeria, ($600/mo rent, leased until end of 2024.) At the rear of the building is an attached 2 car garage which may be rented or used for storage. Adjacent is an older vacant mobile home which may be renovated / replaced / rented. There are (2) 2020 built Manufactured Homes; one owned by it's occupant (collects $600/mo lot rent) and one currently tenant occupied (rented $1200/mo, no lease). This 2 BR home with fenced yard may be owner occupied, sold (>$100K+ value), or adjusted to market standard to increase income (avg $1800/mo+). There is open lawn to the right side of the driveway upon entry which may provide opportunity for potential additional use. A small stream runs through the property. Two septics and town water. Manufactured homes are propane heat, and retail space offers split unit heat/AC. Rarely does a property like this become available which offers easy increase and/or near-immediate return of substantial income. Current gross $29K annual, with potential for over $40K after adjustments to current rents, and further additional income if the older mobile home is utilized for income. Advanced notice req'd. Please do not enter without scheduled appointment.,AboveGrade:2750,AMENITIES:Medical Facility,Below Grnd Sq Feet:450,ExteriorFeatures:Outside Lighting,FLOORING:Laminate,FOUNDATION:Slab,Stone,OwnerPays:Fire Insurance,Maintenance,Taxes,Water,ROOF:Asphalt Shingles,Unfinished Square Feet:450