Listing Provided by THOMAS ZENGEN LIC RE BKR PI

511 Haight Avenue, Poughkeepsie Twp

$595,000

0 Beds
0 Baths
5,965 Sqft
.16 Acres
0 Garages

4 UNIT INVESTMENT PROPERTY / TOWN OF POUGHKEEPSIE In between Main Street and Rt 44/55 East Arterial location. A short walk to beautiful Vassar College, restaurants & shops. Excellent 8%+ CAP Rate. Building and mechanicals in excellent condition. Hard wood floors throughout apartments. Multiple decks including large, brand new deck on front of commercial storefront. Property consists of 4 units: lovely 1BR apt, large 2BR apt and two commercial tenants. Fully rented. Currently home to cafe/lounge and long-established florist. Zoned for commercial florist/nursery, retail/service and apts. Full basement with walk out. Florist has walk in cooler, full kitchen/bathroom, potting shed, large outdoor greenhouse with florist unit. Possibility to split florist in half add separate 800sf+/- unit with town approval. New Roof. Town water/town sewer. There are talks of the 3 lane Rt 44/55 highway in front of building being brought back to 2 lanes which would add even more parking, visibility and foot traffic to this centrally located building. Multiple decks for apartments and front of commercial florist unit. Greenhouse could be rented separately. 54 Ft full attic with hatch. Steel I-beams in basement. 2BR Apt has 2BR/DR/LR/Kit. Call for more details.

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