7 Fox Terrace

Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment in this charming two-family Colonial, ideally located in the heart of Poughkeepsie. Each unit boasts a spacious floor plan featuring 3 comfortable bedrooms, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The property has undergone recent renovations, including the entire first-floor unit. The second-floor unit offers the added benefit of a full standing-height, walk-up attic, providing ample extra storage space. Both units have separated utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric, gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with both units rented through Section 8 programs: Pathstone (unit 1) and Poughkeepsie Housing Authority (Unit 2) on standard one year leases ($2,000 and $1,900 per month respectively). Centrally located with convenient access to local amenities, schools, and transportation. Security Lighting and Exterior Camera System in place. Please note: Interior access to the property is limited.