BEDS2
BATHS2 full
MLS#1067642
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPoughkeepsie City
Property Description
Fully occupied and generating rental income-this two-family property offers an investment opportunity on one of Poughkeepsie's most charming blocks!Located on a quiet, tree-lined street in the Union Street Historic District, this well-maintained, turnkey property offers an excellent opportunity for investors looking to earn rental income from day one.The upper unit is a spacious two-level apartment featuring hardwood floors, stainless steel appliances, and a private balcony. The lower unit is a charming one-bedroom apartment with hardwood floors throughout. Both apartments enjoy access to a private backyard and are currently leased. The property offers potential gross rental income of $39,540-$41,340 annually. Utilities are separately metered, with tenants responsible for their own usage.Conveniently situated approximately 0.6 miles from Vassar Brothers Medical Center and minutes away from the Walkway Over the Hudson, Metro-North train service, Marist University, Vassar College, shopping, dining, and downtown Poughkeepsie.Known for its 19th century architecture, brick rowhouses, and neighborhood charm, Union Street offers a distinctive setting with lasting appeal. This is an opportunity you won't want to miss!Showings by appointment.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: None
Heating: Baseboard, Other
Home Style: Colonial
Lot Size: 0.02 Acres
Taxes: $10,685
Year Built: 1900
Amenities
Other
Feature Descriptions
Building Area Total: 1944
Cap Rate: 12601
Days on Site: 8
Exterior: Aluminum Siding, Vinyl Siding
On Market Date: 2026-10-27
Parcel Number: 131300-6062-84-903085-0000
Parking Features: On Street
Patio And Porch: Porch
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Natural Gas Available
Water: Public
Local Schools
High School: Poughkeepsie High School
Middle School: Poughkeepsie Middle School
Elementary School: G W Krieger School
School District: Poughkeepsie City
Listed By / Shown By
Listing By
Agency Name: 360 Property Management
Agency Phone: 845-454-7700
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 1,998.00 per month $979.25 Principal & Interest $890.42 Property Tax $128.33 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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157 Union Street | MLS# 1067642
This multi-family property located at 157 Union Street, Poughkeepsie, NY 12601 is currently listed for sale with an asking price of $440,000. Union Street is located within the Poughkeepsie City school district. Search Poughkeepsie real estate on www.coldwellbankerchoice.com today.