40 S Hamilton Street | Poughkeepsie

$749,999 | 9 Beds | 9 Baths (7 Full, 2 Half) | 4,238 Sq. Ft.

BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT ENHANCEMENT.\n\nA rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, there is additional income potential.\n\nCurrently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today! OneKeyMLS 840027

MLS Listing ID: 
OneKeyMLS 840027
Community Information
School District: 
Poughkeepsie City
Building Details
Details about the building on a property.
Architectural Style: 
Victorian
Year Built: 
1891
Living Area: 
4,238
Basement: 
Finished,Full,Storage Space,Walk-Out Access
Interior: 
Beamed Ceilings,Built-in Features,Entrance Foyer,Formal Dining,High Ceilings,Primary Bathroom,Washer/Dryer Hookup
Construction
Construction Materials: 
Brick
Room Details
Details about the rooms in the building.
Total Rooms: 
24
Total Bedrooms: 
9
Total Bathrooms: 
9
Total Full-Bathrooms: 
7
Total Half-Bathrooms: 
2
Utilities
Information about utilities available on the property.
Heating System: 
Radiant
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Waterfront: 
0
Lot Features
Parking Type: 
Driveway,On Street
Public Record
Parcel Number: 
131300-6161-22-162944-0000
Annual Tax: 
$16,585.37
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/31/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Sammy Vivace
Listing Office Name: 
The Select Team, LLC