$749,999

40 S Hamilton St Poughkeepsie, NY 12601

$8,906
Closing credit¹
9 beds
7 full, 2 partial
4,238 sqft
0.3 acres
$177 / sqft
House

Property details

About 40 S Hamilton St

BEAUTIFUL, HISTORIC POUGHKEEPSIE BUILDING CURRENTLY BEING UTILIZED AS AN SRO PROVIDING UNIQUE OPPORTUNITY FOR FUTURE INVESTMENT ENHANCEMENT. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With a parking lot at the rear of the property offering space for up to 5 cars with ample opportunity, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingRadiant
StatusActive
Size4,238 sqft
BasementYes
Lot size0.34 Acres
Year built1891
ParkingDriveway, On Street, Parking Lot
MLS #840027

Summary

  • MLS Number: 840027
  • MLS Name: ONEKEY2
  • Office Name: The Select Team, LLC
  • Office Phone: (914) 825-5938

IDX 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.

IDXThe 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: 4/3/2025, 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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exterior space featuring fence

$749,999

40 S Hamilton St

$8,906

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 23, 2009
Home Sold
$312,500

Tax history

YearAssessmentProperty Tax
2023$490,100$-
2022$445,500$-
2021$428,400$8,332
2020$420,000$8,332
2019$400,000$17,642
2018$225,000$10,225
2017$225,000$9,971

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $14,562. Residents of Poughkeepsie, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

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?

  • UFCUFC
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Frequently asked questions

About 40 S Hamilton St

This home is located at 40 S Hamilton St in Poughkeepsie, NY and zip code 12601. This 4,238 square foot home, which was built in 1891, sits on a 0.34 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $749,999.

In March 2025, from all listings sold in Poughkeepsie, NY there were more than 19 sold above asking price, over 22 sold below and more than 8 were sold right at the asked price. Between February and March 2025, Poughkeepsie, NY real estate market has seen increase in the number of listings by 2.6%. The median list price of listings available in March 2025 was $390,000, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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