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    1 home
    1 home available
    1 Morgan Avenue, Poughkeepsie, NY 12601
    $600,000
    4beds
    4bath
    –sqft
    0.1acres
    House for Sale

    1 Morgan Avenue, Poughkeepsie, NY 12601

    Listing by: Legacy Land & Homes LLC
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    1 Morgan Avenue, Poughkeepsie, NY 12601
    1 Morgan Avenue, Poughkeepsie, NY 12601

    NY/Dutchess County/Poughkeepsie/12601/1 Morgan Avenue, Poughkeepsie, NY 12601

    $600,000
    4beds
    4full,–half bath
    –sqft
    0.1acres

    1 Morgan Avenue, Poughkeepsie, NY 12601

    City/Town:Poughkeepsie   Post Office: Poughkeepsie     

    House for Sale by Curtis Darragh, Legacy Land & Homes LLC.

    Data checked 2 mins ago. Listing last updated 20 days ago.
    1. Overview
    2. Details
    3. More 

    Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! 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!

    Details
      Property type
    Residential Income
      Year built
    1920
      Heating
    Natural Gas, Radiant
      Cooling
    None
      Total rooms
      Garage
    No
      City/Town
    Poughkeepsie
      Post Office
    Poughkeepsie
      Parking spots
    -
    817405
    MLS ID
    Active
    Status
    32
    Days on market
      Laundry features
    –
      Flooring
    –
      Fireplace
    No
      Pets allowed
      Architectural Style
    –
      View
    –
    Interior features
    Other
    Exterior features
    –
    Lot features
    Near School
    Appliances included
    –
    Construction materials
    Frame
    Monthly taxes
    $854
    Yearly taxes
    $10,247
    Community Features
    -
    School district
    Poughkeepsie City
    Schools
    Warring Magnet Acad Of Sci & Tech, Poughkeepsie Middle School, Poughkeepsie High School
    Senior community
    No
    Common Charges
    -
    Maintenance
    -
    Additional Fees
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Curtis Darragh
    Curtis Darragh
    Real Estate Broker, Legacy Land & Homes LLC
    Direct Number 
     
    Building Info
    Address
    1 Morgan Avenue, Poughkeepsie, NY 12601
    Year Built
    1920
    Number of Floors
    2
    Total Number of Units
    4
    Gross area
    5,360 sqft
    Frontage
    50 ft
    Depth
    178 ft
    Demographics for 12601
    Population
    45,712
    Median age
    33.8
    Avg. household size
    2.3
    Avg. household income
    $103,195
    Households with children
    50.6%
    Households without children
    49.4%
    Employment
    Unemployment Rate
    6.0%
    Blue Collar
    35.2%
    White Collar
    58.8%
    Education
    Less than 9th grade
    4.0%
    Some high school
    6.6%
    High school graduate
    29.3%
    Some college
    17.2%
    Associate's degree
    9.9%
    Bachelor's degree
    18.5%
    Graduate degree
    14.5%
    For properties located in the five boroughs of New York City, building data and tax history information is drawn from ACRIS records and is aggregated and provided by Cherre Inc. Buyer is responsible to verify all data presented.
    Location
    For Sale Nearby
    $
    –beds
    –sqft
    –acres

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    Listing by:
    Recently Sold
    Closed
    $
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    –sqft
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    Listing by:
    1 Morgan Avenue, Poughkeepsie, NY 12601, is a 4 bedroom, 4 bathroom Multi Family built in 1920. This property is currently available for sale and was listed on OneKey® MLS on 2-1-2025. The MLS# for this Multi Family is MLS# 817405.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025
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