$6,591 Closing Credit¹
#804677, Listing Office: Clarke Realty & Associates LLC
$550,000 List price
58 Lincoln Ave Poughkeepsie, NY 12601
$6,531
Closing credit¹
9 beds
3 full
0.08 acres
Multi-Family
Property details
About 58 Lincoln Ave
High-Yield 3-Unit Investment Property Near Vassar Brothers Medical Center. *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Investors, take advantage of this prime multi-family opportunity at 58 Lincoln Avenue, Poughkeepsie, NY 12601. This fully occupied 3-unit property features three spacious 3-bedroom apartments, currently generating $57,000 in gross annual income with a 7.53% cap rate. With below-market rents, this property offers immediate upside potential, reaching a 9.61% pro forma cap rate when adjusted to current market levels. Situated within walking distance to Vassar Brothers Medical Center, this location provides a steady tenant pool, making it an attractive and reliable income-producing asset. The property’s spacious units appeal to professionals, families, and students, ensuring long-term rental demand. Whether you're looking to expand your portfolio or secure a high-demand rental property in a growing market, 58 Lincoln Avenue offers immediate cash flow with strong future returns. Schedule a private tour today and capitalize on this income-generating investment!
Highlights
Home typeTriplex
HeatingNatural Gas, Other
StatusActive
BasementYes
Lot size0.08 Acres
Year built1900
MLS #837183
Summary
- MLS Number: 837183
- MLS Name: ONEKEY2
- Office Name: Legacy Land & Homes LLC
- Office Phone: (845) 206-9462
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: 4/8/2025, 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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$550,000
58 Lincoln Ave
$6,531
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 05, 2017 | Home Sold | $183,673 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $352,700 | $- |
| 2022 | $293,900 | $- |
| 2021 | $249,100 | $3,443 |
| 2020 | $216,600 | $3,443 |
| 2019 | $180,500 | $6,655 |
| 2018 | $170,300 | $5,900 |
| 2017 | $170,300 | $5,794 |
History based on county public records data.
Nearby schools
2
Gov George Clinton School
Public District 1-5
0.5 mi
•100 Montgomery St
4
Morse Young Magnet School
Public Magnet KG-6
1.0 mi
•101 Mansion St
5
Warring Magnet Academy of Science and Technology
Public Magnet 1-5
1.2 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 $36,184. The most common annual income of people living in Poughkeepsie, NY is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
42%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
49%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
34%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Extreme Sports
Where do the neighbors shop?
Burlington
Forever 21
Sam's Club
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
White Castle
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 58 Lincoln Ave in Poughkeepsie, NY and zip code 12601. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $550,000.
Over 19 listings were sold over their listed price in March 2025 in Poughkeepsie, NY. In the same period over 22 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Poughkeepsie, NY increased by 2.6% between February and March 2025. Listings spent 64 days on the market in March 2025, and had a median list price of $390,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.