BEDS4
BATHS2 full
MLS#994963
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPoughkeepsie City
Property Description
Positioned in a highly convenient and consistently desirable location, this well-maintained two-family property at 2 Poplar Street offers an exceptional opportunity for both investors and owner-occupants alike. With strong in-place rental income and a clean expense profile, the property presents as a stable, turnkey investment with immediate cash flow.Each unit features 2 bedrooms and 1 full bathroom, offering comfortable, functional layouts that appeal to a broad tenant base. Off-street parking adds to the property's everyday convenience, an increasingly valuable amenity for renters in this area. With a solid rental history and practical unit configurations, the property supports reliable income generation from day one. Whether you're looking to expand your portfolio or offset your living expenses by occupying one unit while renting the other, this property delivers flexibility and long-term value.Location is a standout feature. Ideally situated just minutes from Marist College, Dutchess Community College, and the renowned Culinary Institute of America, the property benefits from strong rental demand driven by students, faculty, and staff. Commuters will appreciate easy access to Metro-North Railroad, while nearby attractions like the Walkway Over the Hudson and the Mid-Hudson Bridge enhance the area's appeal. Proximity to Mid-Hudson Regional Hospital further strengthens rental stability, attracting healthcare professionals and support staff.With a compelling combination of location, layout, and income potential, 2 Poplar Street stands out as a smart investment in the heart of the Hudson Valley.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Baseboard, Hot Water, Oil
Home Style: Cape Cod
Lot Size: 0.11 Acres
Taxes: $7,123
Year Built: 1936
Amenities
Ceiling Fan(s)
Lighting
Feature Descriptions
Attic: Scuttle, Unfinished
Building Area Total: 1512
Cap Rate: 5
Exterior: Frame, Vinyl Siding
Flooring: Tile, Vinyl
Heating Units: 1
Lot Features: Back Yard, Cleared, Front Yard, Level, Near Public Transit
On Market Date: 2026-05-04
Parcel Number: 131300-6162-45-098510-0000
Parking Features: Off Street, Parking Lot
Patio And Porch: Porch
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Separate Electric Meters: 3
Sewer: Public Sewer
Special View Info: Neighborhood
Tenant Pays: Electricity
Units: 2
Utilities: Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Water: Public
Window Features: Double Pane Windows, Insulated Windows
Local Schools
High School: Poughkeepsie High School
Middle School: Poughkeepsie Middle School
Elementary School: Morse Young Magnet School
School District: Poughkeepsie City
Estimate Your Payment
Estimated Payment
$ 2,460.11 per month $1,764.73 Principal & Interest $593.58 Property Tax $101.79 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker Village Green
Agency Phone: 845-331-5357
Shown By
Agent Name: Linda Neophytou
Agent Phone: (631) 588-9090
Agency Title: Coldwell Banker American Homes
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2 Poplar Street | MLS# 994963
This multi-family property located at 2 Poplar Street, Poughkeepsie, NY 12601 is currently listed for sale with an asking price of $349,000. Poplar Street is located within the Poughkeepsie City school district. Search Poughkeepsie real estate on lindaneophytou.cbamhomes.com today.