$7,600 Closing Credit¹
#822042, Listing Office: K. Fortuna Realty, Inc.
$745,000 List price
138 Montgomery St Poughkeepsie, NY 12601
$8,847
Closing credit¹
5 beds
2 full
0.5 acres
Multi-Family
Property details
About 138 Montgomery St
OWNER FINANCING AVAILABLE! 138 Montgomery is a fully-occupied, income-producing asset offering a unique blend of residential and storage space with possible future development and room for expansion. The property includes a well-maintained two-family dwelling and 26 garages, providing steady cash flow from both residential and storage rental income. The two-family home consists of a 2-bedroom apartment and a 3-bedroom apartment, both currently under market. This property presents an excellent value-add opportunity. The two-family dwelling has tons of potential for increased rental income. Additionally, the 26 garages are currently leased below market value, creating an immediate opportunity to increase revenue by adjusting rental rates. With its solid tenant base and untapped potential, 138 Montgomery is a promising investment for those seeking both steady cash flow and future upside. Current gross income of close to $95k with plenty of room to grow! Municipal water, sewer and natural gas. Excellent location, in the heart of Downtown, minutes to the Culinary, Marist College, Walkway over the Hudson, Poughkeepsie Train Station, local shops, restaurants, schools and more!
Highlights
Home typeQuadruplex
HeatingBaseboard, Natural Gas
StatusSale Pending
(Pending)
(Pending)
BasementYes
Lot size0.49 Acres
Year built1900
MLS #803985
Garage26 spaces
Summary
- MLS Number: 803985
- MLS Name: ONEKEY2
- Office Name: KW MidHudson
- Office Phone: (914) 962-0007
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/14/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$745,000
138 Montgomery St
$8,847
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $330,000 | $- |
| 2022 | $300,000 | $- |
| 2021 | $300,000 | $5,834 |
| 2020 | $300,000 | $5,834 |
| 2019 | $300,000 | $12,927 |
| 2018 | $300,000 | $13,633 |
| 2017 | $300,000 | $13,294 |
History based on county public records data.
Nearby schools
2
Gov George Clinton School
Public District 1-5
0.1 mi
•100 Montgomery St
4
Morse Young Magnet School
Public Magnet KG-6
0.6 mi
•101 Mansion St
5
Warring Magnet Academy of Science and Technology
Public Magnet 1-5
0.6 mi
•283 Mansion St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,562. Most Poughkeepsie, NY residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
78%
<35k
15%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
58%
Single, No Kids
20%
Single, with Kids
7%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
5%
12-17 yrs old
37%
18-34 yrs old
27%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
UFC
Soccer- Pro Boxing
Where do the neighbors shop?
Family Dollar
Forever 21
Burlington
Where do the neighbors go to eat?
Burger King
Dominos Pizza
Popeyes
What do the neighbors drive?
Buick
Mazda
Dodge
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 138 Montgomery St in Poughkeepsie, NY and zip code 12601. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $745,000.
Over 16 listings were sold over their listed price in February 2025 in Poughkeepsie, NY. In the same period over 15 listings were sold below the listed price and 7 listings were sold for the listed price. In February 2025 in Poughkeepsie, NY there were 12.5% less homes for sale than in January. In February 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $386,708.
From Rocket Homes Real Estate and based on county public records data.