1104 DUTCHESS TURNPIKE, Poughkeepsie, NY 12603

A unique and rare opportunity is available in this investment property with 4 detached spaces (3 currently producing income) a 2 car garage and possible space for expansion. Land Use is 416 (Mobile Home Park), zoned Neighborhood Business. With high visibility on Route 44, there is a 500 sqft late 19th century updated building with basement currently used as a small nail salon, formerly used as a small pizzeria, ($600/mo rent, leased until end of 2024) At the rear of the building is an attached 2 car garage which may be rented or used for storage. Adjacent is an older vacant mobile home which may be renovated / replaced / rented. There are (2) 2020 built Manufactured Homes; one owned by it's occupant (collects $600/mo lot rent) and one currently tenant occupied (home is rented $1200/mo, no lease). This 2 BR home with fenced yard may be owner occupied, sold (>$100K+ value), or adjusted to market standard to increase income (avg $1800/mo+). There is open lawn to the right side of the driveway upon entry which may provide opportunity for potential additional use. Two septics, town water. Manufactured homes are propane heat, and retail space offers split unit heat/AC. Rarely does a property like this become available which offers easy increase and/or near-immediate return of substantial income. Current gross $29K annual, with potential for over $40K after adjustments to current rents, and further additional income if the older mobile home is utilized for income. Advanced notice req'd. Please do not enter without scheduled appointment.,BusIncld:No,CMFEATURES:Living Space Avail,FOUNDATION:Stone,Number of tenants:3,ROOF:Asphalt Shingles Additional Information: Amenities:Storage,AnnWaterExpense:650,