BRIAN MOSSEY Multi Unit 12/6/2021  3:30 P.M.
 
511 HAIGHT AVENUE , POUGHKEEPSIE, NY   A $595,000
12603
Listing #: 404918 Number of Units: 4
County: DUT Sub-Type: MF
Post Office: POUGHKEEPSIE New Construction:  
Township: Poughkeepsie Twp Year Built: 1900
Zip Code: 12603- Above Grnd SF: 5965
Complex Name: NONE Below Grnd SF: 1000
  Finished SF: 5665
School Dist: ARLINGTON CENTRAL Unfinished SF: 1000
- High Sch: ARLINGTON HIGH SCHOOL Total Square Feet: 6965
- Middle Sch: OTHER Square Ft Source: Approximate
- Elem Sch: OTHER Foundation Dim:  
- Other Sch:   # Of Elevators:  
Listing Date: 11/18/2021 # Of Stories:  
Property Id #: 13468900616100088337800000
Tax Amount: $16,371
     
   
Directions
From Mid Hudson Bridge head East toward Town of Poughkeepsie. Go 2.5 miles you will see the property on the left hand side of Rt 44/55 East. In same
parking lot as Davies Hardware.
Map Page:   Mapping:  
Unit Information
Unit Total # of # Full # Part Sq. Mo. Leased Occupied Appliances Included
  Rooms Bdrms Baths Feet Rent      
U1 4   1   2665 $2500 Y O  
U2 3   1   1500 $1768 Y T  
U3 4 1 1   700 $1000 Y O  
U4 6 2 1   1100 $1400 Y T  
Features
Acceptable Fin:   Exterior: Aluminum
Construction: Block, Brick, Wood Amenities:  
Cooling: Ceiling Fan Heating: Oil
Electricity:   Miscellaneous: Dumpster, Washer/Dryer Some
Roof: Asphalt Shingles Other:  
Foundation:   Parking/Garage: 3+ Cars, Lot, Off Street
Basement: Concrete floor, Full, Walk-out Units Beyond 4:  
Owner Pays:  
Exterior Feat: Deck, Outside Lighting, Porch, Storage Shed/Out Bldg
Interior Feat:  
Appliances:  
Flooring:  
Equipment:  
Income Detail
Insurance Expense: 2000 Electric Expense: 0
Maintenance Expense: 200 Fuel Expense: 5000
Other Expense Name:   Other Expense:  
Water / Sewer Expense: 1200 Gross Income (GOI): 80016
Management Expense: 0 Operating Expenses (AOE):  
Vacancy Factor:   Net Income (NOI):  
Financial / Transaction Information
Tax Amount: $16,371 School Tax: $8,686 Hyde Pk F/W Tax:  
Land Tax: $7,685 Village Tax: $0 Real Tax:  
Assess Value: $300,000        
Exemption:   None        
     
Foreclosure: N Short Sale: N    
Remarks
4 UNIT INVESTMENT PROPERTY / TOWN OF POUGHKEEPSIE In between Main Street and Rt 44/55 East Arterial location. A short walk to beautiful Vassar
College, restaurants & shops. Excellent 8%+ CAP Rate. Building and mechanicals in excellent condition. Hard wood floors throughout apartments. Multiple
decks including large, brand new deck on front of commercial storefront. Property consists of 4 units: lovely 1BR apt, large 2BR apt and two commercial tenants.
Fully rented. Currently home to cafe/lounge and long-established florist. Zoned for commercial florist/nursery, retail/service and apts. Full basement with walk
out. Florist has walk in cooler, full kitchen/bathroom, potting shed, large outdoor greenhouse with florist unit. Possibility to split florist in half add separate
800sf+/- unit with town approval. New Roof. Town water/town sewer. There are talks of the 3 lane Rt 44/55 highway in front of building being brought back to 2
lanes which would add even more parking, visibility and foot traffic to this centrally located building. Multiple decks for apartments and front of commercial
florist unit. Greenhouse could be rented separately. 54 Ft full attic with hatch. Steel I-beams in basement. 2BR Apt has 2BR/DR/LR/Kit. Call for more details.
© Copyrighted by MID Hudson MLS, 2021 - All information, regardless of source, including square footages and lot sizes, is deemed
reliable but is not guaranteed and should be verified by personal inspection by and/or with the appropriate professional(s).