157 Union Street, Poughkeepsie, NY 12601

Property Description

Fully occupied and generating rental income—this two-family property offers an investment opportunity 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 property offers an excellent opportunity for investors looking to earn rental income from day one. The upper unit is a spacious two-level apartment featuring hardwood floors, stainless steel appliances, and a private balcony. The lower unit is a charming one-bedroom apartment with hardwood floors throughout. Both apartments enjoy access to a private backyard and are currently leased. The property offers potential gross rental income of $39,540–$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. This is an opportunity you won't want to miss! Showings by appointment.