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$525,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 9 Total Beds
  • Updated 3 days ago
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High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 9 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property's spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!

Full Property Details for 58 Lincoln Ave

General

  • Price: $525,000
  • Taxes: $8,972
  • Status: Pending
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 837183
  • Updated: 1/13/2026
  • Added to Site: 291 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Location

  • County: Dutchess County

School Information

  • High School District: Poughkeepsie City

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Building Size: 3576
  • Square Feet: 3,576
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,485

Financial Considerations

  • Tax Amount: $8,972.51

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 131300-6061-36-906772-0000

Listed by Legacy Land & Homes LLC

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Listing agent

— 58 Lincoln 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 58 Lincoln 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 58 Lincoln Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/18/2025
Price Reduced
$525,000
-4.55%
MLS
4/01/2025
Listed
$550,000
199.45%
MLS
9/21/2017
Sold
$183,673
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 58 Lincoln Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,341
100%
$370,300
5%
2020
100%
$352,700
20%
2021
-100%
$293,900
18%
2021
$3,443
—
$249,100
15%
2021
$3,443
-48%
$216,600
20%
2020
$6,655
13%
$180,500
6%
2018
$5,900
2%
$170,300
—
2017
$5,795
1%
$170,300
—
2016
$5,719
-10%
$170,300
—
2015
$6,339
3%
$170,300
—
2015
$6,173
156%
$170,300
—
2013
$2,413
—
$170,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 58 Lincoln Ave

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Legacy Land & Homes LLC

58 Lincoln Avenue, Poughkeepsie, NY 12601 (MLS# 837183) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 58 Lincoln Avenue is currently listed for $525,000 and was received on April 01, 2025. Want to learn more about 58 Lincoln 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.

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