33 Manitou Avenue, Poughkeepsie, NY 12601
Dutchess County
Key Facts
Description
Well maintained income producing duplex located in the City of Poughkeepsie offering an excellent opportunity for both investors and owner occupants alike. This fully occupied multi family property currently generates approximately $50,000 annually in rental income and offers strong cash flow potential in one of the Hudson Valley’s consistently high demand rental markets. A major highlight of this property is the potential FHA assumable loan opportunity, which may allow a qualified buyer to assume the seller’s existing lower interest rate and financing terms, creating substantial long term savings in today’s higher rate environment. Even if the current FHA loan is not assumable for a buyer, the property was previously approved through FHA financing when purchased, offering added confidence and appeal for future FHA buyers. Perfect for an owner occupant looking to offset monthly expenses by living in one unit while collecting rental income from the second, or for an investor seeking immediate income production and long term appreciation potential. Conveniently located near Metro North train stations, Route 9, Interstate 84, shopping centers, restaurants, hospitals, colleges, waterfront attractions, parks, and the vibrant Hudson Valley dining and entertainment scene. Ideal commuter location with easy access to New York City, Westchester, Connecticut, and surrounding Hudson Valley communities. Whether you are looking to expand your investment portfolio, secure a strong income producing asset, or begin building generational wealth through owner occupied real estate, this property offers flexibility, value, location, and exceptional long term upside.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1910
Lot Size
0.08 acres
Days on Market
17
MLS® Listing#
1001284
Property Features
Interior
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- G W Krieger School
- Middle:
- Poughkeepsie Middle School
- High:
- Poughkeepsie High School
Financial Details
Annual Taxes
$14,146
Assessed Value
$396,000
Parcel Number
131300-6161-32-498815-0000
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $359,999 · Est. interest $502,231 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Poughkeepsie, NY
- $437,838
- Median Listing Price
- 38
- Median Days on Market
- 1,823
- Median Sq Ft
- $241
- Median Price / Sq Ft
- 182
- Active Listings
- This home’s price is 3% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Poughkeepsie, NY.
Location
Points of Interest in Poughkeepsie, NY
Showing the Poughkeepsie area map.
Nearby Schools
Poughkeepsie High School
Secondary · 0.1 mi away
Smith Humanities Magnet School
School · 0.2 mi away
Poughkeepsie Middle School
Secondary · 0.2 mi away
Poughkeepsie City School District
School · 0.3 mi away
Arlington Central School District
Secondary · 0.5 mi away
Holy Trinity School
School · 0.5 mi away
Alumnae Alumni Vassar College
School · 0.6 mi away
Warring Magnet Academy of Science and Technology
School · 0.7 mi away
Clinton Elementary School
Elementary · 0.8 mi away
Krieger Elementary School
Elementary · 0.8 mi away
Arthur S May School
Elementary · 0.9 mi away
Arlington Middle School
Elementary · 0.9 mi away
Wimpsheimer Nursery School at Vassar College
School · 1.0 mi away
Poughkeepsie Public School Teachers
School · 1.0 mi away
Morse Young Magnet School
Elementary · 1.0 mi away
Columbus Elementary School
Elementary · 1.3 mi away
The Institute for Holistic Health
School · 1.5 mi away
Our Lady of Mt Carmel Faith Formation Program
School · 1.6 mi away
Community Nursery School
School · 2.0 mi away
Violet Avenue Elementary School
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 95 Cannon Street, Poughkeepsie, NY | $350,000 | 6 | 3 | — |
| 37 Delano Street, Poughkeepsie, NY | $420,000 | 6 | 2 | 1,740 |
| 94 Academy Street, Poughkeepsie, NY | $425,000 | 6 | 2 | 2,100 |
| 94 Crestwood Boulevard, Poughkeepsie, NY | $449,999 | 5 | 2 | 2,500 |
| 17 Conklin Street, Poughkeepsie, NY | $450,000 | 6 | 3 | — |
| 10 Millbank Road, Poughkeepsie, NY | $485,000 | 5 | 3 | 2,868 |
Moving Cost Estimate
EXIT Agents in Poughkeepsie
Listing Courtesy: eXp Realty - 8882760630
Presented by: Anesha Nesbitt
Fair Housing Notice