Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
8,244 SF
Site
2.30 acres
Price / SF
$118
NOI
$131,000
Year built
1928
Stories
2
The offering
2 houses Multifamily on 2.3 acres with 5 large apartments, carriage house, finished basement and 4 garages. owner will not disturb tenants for showing until deal is serious. $11,000 in monthly rent. Very handsome historic stone buildings from the Roosevelt area with wide driveways plenty of parking and large rolling lawns. Close to dutchess college, Marist College and FDR mansion in Hyde Park. Tentant pay their own heat and hot water and all electric. Separate meters for all apartments. Separate heat and hot water. Well and septic on quiet road easily maintained. Seller owned this property for 26 years with zero maintenance issues. It’s built with structural fieldstone 18 inches thick. Will last a long time. Circular driveway. Lots of parking. All tenants have direct access to their from door from parking.
Building & site
Interest conveyedFee simple
Gross building area8,244 SF
Building typeMulti Family
Property typeMulti Family
Year built1928
Stories2
Land area2.30 acres
Land area, SF100,188 SF
WaterWell
SewerSeptic Above Ground
HeatElectric, Oil
Tax parcel1332006163-02-812965-0000
Number of buildings2
Parking spaces10
Electric utilityCentral Hudson
Income & tenancy
Gross income (as reported)
$131,000
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Location, access & trade area
Trade area
Measure
Poughkeepsie
Dutchess County
Population
45,636
299,963
Daytime population
49,579
277,925
Population density
1,444 / sq mi
377 / sq mi
Households
16,940
116,771
Median household income
$97,724
$94,725
Mean travel time to work
27 min
32 min
Median home value
$354,900
$444,000
Median gross rent
$1,677
$1,617
Unemployment (July 2026)
3.7%
Not stated
School districts
Arlington, Highland, Hyde Park, Marlboro, Poughkeepsie, Spackenkill, Wappingers
ZIP codes
12569, 12590, 12601, 12603, 12604
Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.
Taxes & assessment
2024 taxes
$17,485
Assessed value
$272,000
Land assessment
$44,100
Full market value
$706,500
Owner of record
Janet Hughes Inc
School district
Hyde Park
Property class
280
Estimated annual tax, 2025 roll
County and town
$3,618
School, Hyde Park
$12,643
Special districts
$2,199
Estimated total
$18,460
The estimate is the assessed value at the current county, town, school and village rates. Not a bill: exemptions, and any change to the assessment or the rates, move it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.
