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65 Academy Street

Poughkeepsie, NY 12601 · Dutchess County

Status
Active
On site
2 days

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About this home

Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area.

Listed with Howard Hanna Rand Realty · Sandra Spector · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 23, 2026, 12:07 AM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$5,479.39Total / mo

Estimated Monthly Payment

Principal & interest
$3,693.81 (67.4%)
Taxes
$1,585.58 (28.9%)
Insurance
$200.00 (3.7%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Poughkeepsie, NY

Current Listings

New in the last 30 days

99

Sep 2026

Average Price

Active listings

$492,512

Sep 2026

Average Days on Market

Active listings

101 days

Sep 2026

Computed from 406 active OneKey MLS listings in Poughkeepsie, NY.

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