40 S Hamilton St Poughkeepsie, NY 12601
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
Summary
- MLS Number: 840027
- MLS Name: ONEKEY2
- Office Name: The Select Team, LLC
- Office Phone: (914) 825-5938
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 4/24/2025, 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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$749,999
40 S Hamilton St
$8,906
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 23, 2009 | Home Sold | $312,500 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $14,562. Most Poughkeepsie, NY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
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.
Poughkeepsie, NY housing market in March 2025 saw over 19 listings sold above listed price, more than 8 sold at listed price and over 22 sold below. The number of listings in Poughkeepsie, NY increased by 2.6% between February and March 2025. While the average time on the market in March 2025 was 64 days, the median list price was $390,000.