761 Main Street

761 Main Street, Poughkeepsie (Town), NY, 12603

$785,000

active

Lot Size

6,098 sqft

Year Built

1920

Type

Commercial

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$6,556/month estimated

Principal & interest: $4,178
Property tax: $2,253
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $157,000 · Loan amount: $628,000

Description

High-Yield 6-Unit Investment Property in the Town of Poughkeepsie. Unlock the potential of 761 Main Street, Poughkeepsie, NY 12603 a 6-unit rental property offering strong returns in a growing market. With a gross annual income of $114,564, this property currently operates at a 7.50% cap rate, with the ability to reach a 8.06% pro forma cap rate by bringing below-market rents in line with current market rates, one unit has already been adjusted. Each unit benefits from separate electric and gas meters, ensuring simplified management and efficient operations. Situated in a prime Main Street location, this property is within walking distance to local businesses, dining, and public transportation, making it a highly desirable rental opportunity. Investors will appreciate the strong cash flow and immediate value-add potential, making this an excellent option for those seeking both stability and upside in the Hudson Valley rental market. Schedule a private tour today and secure a high-performing investment property with significant growth potential!

Property Details

Cooling: None
Heating: Hot Water
Basement: Unfinished

Schools

Elementary

—

Interested in this property?

Fill out the form below and an agent will get back to you.

Listed by Curtis Darragh, Legacy Land & Homes LLC

MLS# KEY956675845-206-9462

Listings courtesy of OneKey® MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Mar 7, 2026, 7:07 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.