58 Lincoln Avenue Poughkeepsie, NY $ 525,000
58 Lincoln Avenue
$ 525,000
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58 Lincoln Avenue

Poughkeepsie, NY, 12601
$ 525,000
Bedrooms9 Baths3.0 Sq 3,576

Monthly Estimate*

$ 3,275

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Multi-Family Home for sale in Poughkeepsie, NY

for $525,000 with 9 bedrooms and 3 full baths. This 3,576 square foot home was built in 1900 on a lot size of 0.08.

High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 9 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This 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!

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Multi-Family Active

Price

$ 525,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,972

Style

Triplex

Lot Size

0.08

Year Built

1900

Town/City

Poughkeepsie

County/Region

Dutchess

MLS | Web ID

837183

Features
Interior
Interior Amenities Other
Basement Unfinished
Basement Features Unfinished
Basement (Y/N) Y
Total Bedrooms 9
Total Baths 3
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General
Sewer Public Sewer
Heating Natural Gas Other
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Frame
Year Built 1900
Property Subtype Triplex
Tax Year 2024
Parcel Number 131300-6061-36-906772-0000
Gross Income 57000
County Dutchess County
Operating Expense 15565
Insurance Expense 1507
Property Type Residential Income
Garage Y/N N
Full Baths 3
City Poughkeepsie
Senior Community Y/N N
High School District Poughkeepsie City
Number Of Units Total 3
Carport Y/N N
Property Attached Y/N N
Tax Annual Amount 8972.51
Water Sewer Expense 1846
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Poughkeepsie City
Elementary School District Poughkeepsie City
Tax Assessed Value 370300
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Exterior
Water Source Public
Spa N
Building Area Total 3576
Waterfront Y/N N
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Internal Only
Street Number 1 58
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* Excluded Features
List By
Curtis Darragh

Listing Agent

Legacy Land & Homes Llc

Broker

845-206-9462

Contact

Affordability Calculator

$4,023
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892345 Elementary School
4892486 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2025$525,000 -4.55% Price Down
4/2/2025$550,000 Listed Price

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58 Lincoln Avenue, Poughkeepsie, NY, 12601 is a Multi-Family Home for sale at $525,000 with 3,576 sqft and a lot size of 0.08. 58 Lincoln Avenue has 9 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 12601 which is in Poughkeepsie, NY