10 Balding AvenuePoughkeepsie, NY 12601Sale Price: $340,000

PASSIVE INCOME PERFORMER! Whether you are buying your first investment property or looking for an easy one to add to your already growing portfolio, this property is going to be an easy choice because the numbers JUST WORK! This turnkey duplex was beautifully renovated in 2021 from the inside out. Each unit offers 2 nicely sized bedrooms, a spacious living room, tiled full bath, Quartz kitchen and in-unit laundry. The full walk up attic can be used for additional storage or even has some potential for future finishing. Stepping outside you will find off the street driveway parking, private fenced yard and a covered rocking chair front porch. This prime location near the Union Street Historic District is within walking distance to everything - convenience stores, restaurants, shopping, medical and religious facilities as well as parks/recreation, schools and public transportation. Minutes to Vassar Brothers Medical Center, Marist College, Walkway over the Hudson and the Mid-Hudson Bridge. Current gross income is $40,800 with tenants covering their own utilities. The rental market is always busy here and rents have grown to wholesome numbers. With a cap rate of 9% and no capital expenditures in your near future, you will be cash flowing right from the door on this one so don't miss out! Nothing to do but collect the rent! Additional Information: Amenities:Storage,