5-13 Academy St

$2,300,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

TURN-KEY INVESTMENT of 9% cap rate. Property Overview: Unit Mix: There are 12 units, 8 residential and 4 commercial. Condition: In 2023, 4 units underwent complete gutting, while the other 4 units were renovated during the same year. Unit Sizes: Four are three bedrooms and include a washer/dryer. The other four units are spacious two-bedroom units. There are floor plans to convert them into three-bedroom units potentially. The tenants are paying all utilities except the water. There is potential...TURN-KEY INVESTMENT of 9% cap rate. Property Overview: Unit Mix: There are 12 units, 8 residential and 4 commercial. Condition: In 2023, 4 units underwent complete gutting, while the other 4 units were renovated during the same year. Unit Sizes: Four are three bedrooms and include a washer/dryer. The other four units are spacious two-bedroom units. There are floor plans to convert them into three-bedroom units potentially. The tenants are paying all utilities except the water. There is potential to add a few more units Without extending the building, further increasing its value and income potential. Appliances: Electric OvenElectric Range BuildingAreaSource: Appraiser,

Property Details for 5-13 Academy Street

City/Township
Poughkeepsie
Garage Spaces
.00
LISTING UPDATED: 12/02/2024 12:24 PM

Property Details for 5-13 Academy Street

StatusComing Soon
MLS #H801774
Days on Market-
Taxes$39,124 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size-
CountyDutchess County

Location

Listing Courtesy of eRealty Advisors, Inc
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Building Information for 5-13 Academy Street

Stories-Residences12Year Built1900Building Size-Lot Size-

Payment Calculator

$14,625 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,365

Property Taxes

$3,260

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5-13 Academy Street

Summary
Location and General Information
  • MLS Area Minor: 99
  • Property Attached: Yes
  • Structure Type: true
  • Country: US
  • State Or Province: NY
Unit Information
Unit Information
  • Building Units Total: 12
Taxes and HOA Information
Taxes and HOA Information
  • Tenant Pays: Cooking Gas, Electricity, Heat
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area Units: Square Feet
  • Basement: Unfinished
  • Common Walls: 2+ Common Walls
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Building Area Units: Square Feet
Parking
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Heat Fuel Type: Electric
  • Sewer: Public Sewer
  • Water Source: Public
Green Features
  • Green Features: Electric

Schools near 5-13 Academy Street

This home is within Poughkeepsie City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
G W Krieger School
PublicK to 5

Poughkeepsie Middle School
Public6 to 8

Poughkeepsie High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5-13 Academy Street is a multi-family home Coming Soon in Poughkeepsie, NY 12601. This property is currently priced at $2,300,000. This listing's school district is Poughkeepsie City School District. Nearby schools include G W Krieger School, Poughkeepsie Middle School and Poughkeepsie High School. 5-13 Academy Street is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eRealty Advisors, Inc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/20/2025 03:50 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.