1 Cottage Street, Poughkeepsie, NY

$485,000

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3,300

Square feet

0.21

Acres

About 1 Cottage Street

City of Poughkeepsie needs new housing with demand out-stripping supply. This is a great opportunity to convert from commercial to residential use in quiet neighborhood. Recently zoned for four (4) family residence. Building as exists will allow for the addition of a 2nd floor leading to more than 4 apartments or two-floored units. "Cost of conversion" is cheaper and quicker than building new or gutting and repair of old buildings. This prosed use is a "as of right' use under new zoning designation: RNC. Standard site-plan review is required by the City. Building is in excellent condition. Ready for your architect/engineer to lay out the floor plan for four units, then call the framer, plumber and electrician. Close to all the City has to offer and shopping & transportation; Rt 9, Bridge, Hudson Line train. Off-street parking. Will generate top rents upon completion of new units. Can also be used for "Day-Care" as of right.

Features of 1 Cottage Street

MLS® # 863642
Price $485,000
Bathrooms 0.00
Square Footage 3,300
Acres 0.21
Year Built 1953
Type Commercial
Sub-Type Warehouse
Status Active

Community Information

Address 1 Cottage Street
City Poughkeepsie
County Dutchess County
State NY
Zip Code 12601

Additional Information

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Amenities

Utilities Sewer Connected, Water Available
Parking Off Street, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Fireplace No

Exterior

Construction Block

Additional Information

Zoning RNC ( was R-4 )
Short Sale No
RE / Bank Owned No
Taxes (total) $7,168

Listing Details

OfficeDavid L Russell Realty

Listing Map

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