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Sold on 05/30/2024
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31 Holmes St, Poughkeepsie, NY 12601

$440,000

Last sold 05/30/2024 after 99 Days

  • 4

    bed

  • 4

    bath

  • 2,332

    Sqft ($189/Sqft)

Multi-family not for sale
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About 31 Holmes St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 2,178 Sqft
Property description
Investment opportunity awaits at this south side Poughkeepsie four-unit. If you're looking to take advantage of the new FHA owner-occupied investment property guidelines, this is a great opportunity to live in one unit while the other three rent rolls can help carry the mortgage. Currently, the building is fully leased but one unit can be delivered vacant if that is the preference. The property has room for expansion and features four one-bedroom, one-bathroom units, all separately metered electric. The current rent brings in an annual gross income of $48,000 ($1k/month each unit). All rents are below market value, which could be increased in the future to further increase the cap rate. Situated conveniently near the Poughkeepsie Tennis Club, Vassar Hospital, Route 9, and the Poughkeepsie Metro North Station, this property is ready for its new owner.
Listed by
Listing Agent - Ryan Arket
Listing Office - Compass Greater NY, LLC
Source: OneKey MLS mls logo
MLS#H6289666 • last updated 2 years ago
Movoto checked OneKey MLS for data 5 minutes ago
Overview
Cooling/AC None
Heating Natural Gas, Steam
MLS # H6289666
SubType Multi Family
Status Closed
SqFt 2332
Type Residential Income
Lot Size (SqFt) 2332
Lot Size (Acres) 0.05
Property Tax 10247
Tax Assessed Value 280000
Year Built 1900
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 4
Basement Unfinished
Exterior
Construction Brick, Frame
Parking On Street
Lot Features Level
Amenities / Utilities
Water Source Public
Location
County Dutchess
Elementary School G W Krieger School
Middle School Poughkeepsie Middle School
Elementary School District Poughkeepsie
Middle School District Poughkeepsie
High School District Poughkeepsie
High School Poughkeepsie High School
APN 131300-6161-37-110745-0000
Directions Academy St To Holmes St.
We are not permitted to show value estimates for this property.
  • Jun 2025
    mls logo MLS # 823439
  • Jun 17, 2025 Price Change
    $550,000 (-4.3%)
  • Mar 4, 2025 Listed
    $575,000 (-4.0%)
  • Feb 11, 2025 Listed
    $599,000 (+36.1%)
  • Aug 2024
    Public Records
  • Aug 15, 2024 Sold
    $440,000
  • Aug 2024
    mls logo MLS # H6289666
  • Aug 12, 2024 Sold
    $440,000 (-6.4%)
  • Jun 12, 2024 Pending
    —
  • May 24, 2024 Price Change
    $470,000 (-6.0%)
  • May 16, 2024 Price Change
    $499,900 (-4.8%)
  • Mar 11, 2024 Price Change
    $525,000 (-4.5%)
  • Feb 21, 2024 Listed
    $550,000
  • Aug 2023
    mls logo MLS # 414964
  • Aug 18, 2023 Expired
    —
  • Apr 18, 2023 Listed
    $550,000 (+103.7%)
  • Apr 2023
    mls logo MLS # H6243832
  • Apr 20, 2023 Listed
    $550,000
  • Apr 2023
    mls logo MLS # 6243832
  • Apr 20, 2023 Listed
    $550,000
  • Oct 2022
    Public Records
  • Oct 6, 2022 Sold
    $270,000 (-26.8%)
  • Nov 2021
    mls logo MLS # 400404
  • Nov 11, 2021 Expired
    —
  • Oct 6, 2021 Pending
    —
  • Jul 21, 2021 Price Change
    $369,000 (-6.6%)
  • Jun 7, 2021 Price Change
    $395,000 (-7.1%)
  • May 11, 2021 Listed
    $425,000
  • Year Property taxes Tax assessment
  • 2025
    $7,246 +25.9%
    $396,000
  • 2024
    $5,755 +23.3%
    $396,000 +41.43%
  • 2021
    $4,668 +4.4%
    $280,000 +27.27%
  • 2020
    $4,472
    $220,000
  • 31 Holmes St
    $440K
  • —
  • 12601
    $349K 0% y/y
  • Poughkeepsie
    $379K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Poughkeepsie High School
public Grades 9-12
Poughkeepsie City School District
Source: GreatSchools.org © 2026. All rights reserved.

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