157 Union Street, Poughkeepsie, NY 12601

Property Description

Live in one, rent the other — on one of Poughkeepsie's most charming blocks! Located on a quiet, tree-lined street in the Union Street Historic District, this well-maintained, turnkey two-family property offers an excellent opportunity for both investors and owner-occupants. The upper unit is a spacious two-level apartment featuring hardwood floors, stainless steel appliances, a private balcony, and access to a private backyard. Currently vacant and ready for immediate occupancy, it's ideal for a buyer looking to live in one unit while collecting rental income from the other. The lower apartment is currently leased, providing immediate income. The property offers potential gross rental income of $41,340 annually. Utilities are separately metered, with tenants responsible for their own usage. Conveniently situated approximately 0.6 miles from Vassar Brothers Medical Center and minutes away from the Walkway Over the Hudson, Metro-North train service, Marist University, Vassar College, shopping, dining, and downtown Poughkeepsie. Known for its 19th century architecture, brick rowhouses, and neighborhood charm, Union Street offers a distinctive setting with lasting appeal. Whether you're looking for a primary residence with rental income or a turnkey investment property, 157 Union Street is an opportunity you won't want to miss! Showings by appointment.