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$550,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
See This Home
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See This Home
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Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner-an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!

Full Property Details for 1 Morgan Ave

General

  • Sold For: $550,000
  • Taxes: $10,247
  • Status: Closed
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 817405
  • Added to Site: 349 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: On Street

Location

  • County: Dutchess County

School Information

  • High School District: Poughkeepsie City
  • Elementary School: Warring Magnet Acad Of Sci & Tech
  • Middle School: Poughkeepsie Middle School
  • High School: Poughkeepsie High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Radiant, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Trash Collection Public

Structural Information

  • Detached/Attached: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Unfinished Attic: Yes
  • Building Size: 5160
  • Square Feet: 5,160
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Features: Near School

Financial Considerations

  • Tax Amount: $10,247

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 131300-6162-72-453138-0000

Listed by Legacy Land & Homes LLC
Sold by Keller Williams Realty Partner

Listing agent

— 1 Morgan Ave —

  • Legacy Land & Homes LLC

845-206-9462

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Morgan Ave

School District:Poughkeepsie City School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Morgan Ave

Date
Details
Price
Change
Source
10/15/2025
Sold
$550,000
-8.33%
MLS
2/01/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Legacy Land & Homes LLC
Sold by Keller Williams Realty Partner

1 Morgan Avenue, Poughkeepsie, NY 12601 (MLS# 817405) is a Multi-Family property that was sold at $550,000 on October 15, 2025. Want to learn more about 1 Morgan Avenue? Do you have questions about finding other Multi-Family real estate for sale in Poughkeepsie? You can browse all Poughkeepsie real estate or contact a Coldwell Banker agent to request more information.