1 Cottage Street, Poughkeepsie, NY, 12601
$485,000
Warehouse
Commercial
Details
ML#: 863642
- Sale or Rent:Sale
- Year Built: 1953
- Taxes: $7,168
- Status:Active
Description
City of Poughkeepsie needs new housing with demand out-stripping supply. This is a great opportunity to convert from commercial to residential use in quiet neighborhood.Recently zoned for four (4) family residence. Building as exists will allow for the addition of a 2nd floor leading to more than 4 apartments or two-floored units. Cost of conversion is cheaper and quicker than building new or gutting and repair of old buildings.This prosed use is a as of right’ use under new zoning designation: RNC. Standard site-plan review is required by the City.Building is in excellent condition. Ready for your architect/engineer to lay out the floor plan for four units, then call the framer, plumber and electrician. Close to all the City has to offer and shopping & transportation; Rt 9, Bridge, Hudson Line train.Off-street parking.Will generate top rents upon completion of new units.Can also be used for Day-Care as of right.
More Property Details
Lot Size: 0.21
Lot Sq Ft: 9148
Parking Spaces: Yes
Parking Facilities: Off Street, Parking Lot
Heat: Forced Air, Natural Gas
A/C: Central Air, Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $7,168
Zoning: RNC ( was R-4 )
Listing Information provided courtesy of
David L Russell Realty
845-561-7950