236 Mansion StreetPoughkeepsie, NY 12601Sale Price: $385,000

Discover the epitome of charm in the heart of Poughkeepsie! This 2-family gem is not just a home; it's a smart investment opportunity waiting for you. Nestled just minutes away from the train station, this solid brick Victorian beauty boasts original wood details, tall windows, and 10' high ceilings that bathe the space in natural light. Both units have original details, three bedrooms and one renovated bath, and the upstairs unit has a lovely spare office room with stained glass, and a both units have back patio decks to enjoy. The two units are newly painted throughout with a new kitchen on the lower level- to provide turnkey income immediately! The attic has tall ceilings, one finished room and could easily be finished for more living space. The home has been well-maintained, has level hardwood floors and the mechanicals are in good working order. The full height basement is accessible from both units and the washer/dryer remain. Currently vacant with 2 units fetching at least $4,450 a month in rent with tenant paying their own separately metered gas and electric, this property has a potential gross annual income of $53,400, making it a financially savvy choice. Owner pays water and sanitation. Both units have been inspected and approved for consistent Section 8 income. Nature lovers will rejoice in the property's proximity to Morgan Lake Park, a mere two blocks away, offering a serene escape for picnics and leisurely walks. And if you enjoy nightlife and great restaurants, Mill House Brewing Co. and the Union Street Historic District is just steps away, steeped in the rich heritage of the area. This investment opportunity comes with a practical side too-clean natural gas energy, convenient municipal water and sewer. Plus, there's a spacious backyard, perfect for grilling and entertaining friends and family. Seize the chance to own a piece of Poughkeepsie's history and secure a wise investment in a home that exudes Victorian elegance and modern convenience!