58 Lincoln Avenue
Poughkeepsie, NY 12601
- 9 beds
- 3 baths
- 3,576 sqft
- 3,485 sqft lot
- $153 per sqft
- 1900 build
- – on site
High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!
Last checked:
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Last updated Apr 2, 2025
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MLS# 837183 —
The Building
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Year Built:1900
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Basement:true
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Construction Materials:Frame
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# of Total Units:3
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Building Area Units:Square Feet
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Building Area Total:3576
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Building Area Source:Public Records
Interior
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Interior Features:Other
The Property
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Lot Size Acres:0.08
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Parcel Number:131300-6061-36-906772-0000
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Size SqFt:3,485 Sqft
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Property Attached:false
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Additional Parcels:false
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (845) 518-7526
- Office phone:
- (845) 206-9462
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:8972.51
Beds
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Total Bedrooms:9
Baths
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Full Baths:3
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Total Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Other
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Cooling:None
Utilities
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Sewer:Public Sewer
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Water Source:Public
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Electric Company:Central Hudson
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Water Sewer Expense:1846
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# of Separate Gas Meters:3
Schools
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High School District:Poughkeepsie City
The Community
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Senior Community:false
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Pool Private:false
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Spa:false
Parking
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/25
Apr 1, 2025
|
Listed / Active | ONEKEY | $550,000 | 205.6% (28.7% / YR) |
|
2/1/18
Feb 1, 2018
|
ONEKEY | $180,000 | ||
|
9/22/17
Sep 22, 2017
|
ONEKEY | $180,000 |
