EXCEPTIONAL investment opportunity in the heart of Poughkeepsie! Endless potential awaits within the newly established Poughkeepsie Innovation District (PID-B), offering exciting redevelopment possibilities. This designation may allow for conversion to a larger apartment building of five stories or more. Ideally positioned along the Main Street corridor, the property may also qualify for available grants, incentives, and redevelopment programs - creating a rare opportunity to maximize long-term value and returns. This three-story with additional garden level potential , multi-family property is rich in character and ready for transformation. Featuring a classic mansard roof and original architectural details, the building offers a total of 7 bedrooms across the three units. Spacious layouts include large living rooms, dining areas, and generously sized bedrooms, with high ceilings, original woodwork, fireplaces, and oversized windows providing a strong foundation for renovation. Upper levels offer additional space ideal for reconfiguration or potential expansion of living areas. The property sits on a deep lot with off-street parking potential and is centrally located near downtown Poughkeepsie, Metro-North, hospitals, restaurants, and the Hudson River waterfront - making it highly attractive for future tenants. This is a full rehab project being sold as-is, perfect for investors looking to maximize rental income or resale value. With the right vision, this property can be restored into a high-performing multi-family asset in a strong and growing rental market. Don’t miss the opportunity to bring this historic property back to life - schedule your showing today!
Listing courtesy of Listing Agent: Ronald C. Green (rcgreen@gmail.com) from Listing Office: KW MidHudson.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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