Fully rented 3-family income producer with long term tenants on south-side of Poughkeepsie, located on a quiet one-way street across from open green space. Unit A is a big 1st floor apartment with private deck and detached garage for $1,400 per month [we converted it from a 2 bedroom to a 1 bedroom for less traffic and noise]. Unit B is a 2nd floor apartment for $1,400 per month and Unit C is the 3rd floor unit for $1,050 per month. All units are 1 bedroom, 1 full bath with newer bathrooms, kitchens, tile and fixtures. Landlord pays for heat, hot water and garbage. Rents are below fair market value because our business model is to chase good people, not nickels and dimes. In this respect, we have wonderful relationships with our tenants, they look out for one another, the building and they’ve stayed with us for years. A 48 hour notice to show along with proof of funds. Owner is looking to move out of the area and will not hold the note. NOTE: The $10K tax amount on record with the City of Poughkeepsie includes property tax, garbage and water/sewer because we do not pay those bills separately. It's all on one bill with the City. If you are NOT a broker with an interested buyer, do NOT solicit.
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