13 N. Hamilton Street

Turnkey 4-Unit Brick Multi-Family Building for Sale – 13 North Hamilton Street, Poughkeepsie, NY ($599,000)

Executive Real Estate Investment Summary

CR Properties Group is pleased to exclusively present an exceptional multi-family investment opportunity located in the rapidly growing residential and commercial market of Poughkeepsie, New York. Offered at $599,000, this beautiful 4-unit multi-family residence is located at 13 North Hamilton Street, Poughkeepsie, NY 12601.

Constructed with highly durable, timeless classic brick design, this 3,200 SF Class B residential building represents the perfect addition to any real estate investment portfolio. Featuring fully renovated units, upgraded infrastructure, and an unbeatable commuter-friendly location, this asset is primed to deliver strong, steady rental yields with minimal capital expenditure from day one.

Diversified Unit Mix & Premium Interior Renovations

One of the strongest value drivers of this 4-family property is its highly efficient layout and diversified unit configuration. The building caters to multiple high-demand tenant demographics, balancing affordable studio apartments with spacious, premium one-bedroom layouts.

Detailed Portfolio Configuration:

• Two (2) Studio Apartments (650± SF each): Thoughtfully designed, open-concept layouts that maximize space and functionality, making them highly attractive to young professionals, local hospital staff, and university students.

• Two (2) 1-Bedroom, 1-Bathroom Apartments (950± SF each): Generously sized units featuring large living rooms, private bedrooms, and independent layouts that command premium rental rates.

• Turnkey Renovation Package: Every apartment has been newly renovated with a chic, modern aesthetic. Upgrades include high-quality finishes, updated flooring, completely refreshed bathrooms, and sleek kitchens fully equipped with upgraded modern appliances.

• Low Maintenance Costs: The building's solid Class B brick construction acts as a natural insulator, drastically lowering long-term exterior maintenance overhead, protecting your structural equity, and optimizing net operating income (NOI).

Transit-Oriented Location & Effortless NYC Commuter Access

Logistics and geographic positioning are primary catalysts for rent appreciation in the Hudson Valley. This Hamilton Street asset stands out as a true commuter paradise, nestled just blocks from Poughkeepsie's primary transportation hubs and river crossings.

Direct Transportation Infrastructure:

• Poughkeepsie Train Station: Located just 5 minutes (1.3 miles) from the front door. This multi-modal hub provides direct, rapid pipeline access to New York City via the MTA Metro-North Hudson Line (straight into Grand Central Terminal) and Amtrak Express Service (straight into Penn Station), making it a goldmine for downstate hybrid remote workers.

• The Mid-Hudson Bridge: Accessible in just 4 minutes (1.1 miles), linking your tenants instantly to Highland, New Paltz, Ulster County, and the Interstate 87 (NYS Thruway) transport corridors.

Surrounding Regional Demand Generators & Economic Anchors

By investing in Poughkeepsie's central core, you are placing your asset within immediate proximity of major institutional anchors that feed a continuous, year-round pool of qualified tenants into the housing market.

• Elite Healthcare Institutions: Located close to Vassar Brothers Medical Center and Mid-Hudson Regional Hospital, ensuring a constant demand from traveling nurses, doctors, and medical technicians.

• Thriving Collegiate Corridor: Just minutes from Marist College, Vassar College, and the Culinary Institute of America (CIA), capturing a robust seasonal and long-term academic housing market.

• Urban Lifestyle & Dining: Tenants are within easy walking or driving distance of Poughkeepsie's booming waterfront district, the famous Walkway Over the Hudson, and an array of popular local breweries, coffee shops, and award-winning restaurants.

Detailed Transit & Location Matrix

Core Investment Highlights:

• Immediate Cash-Flow Yield: 4 fully ready, newly renovated apartments capable of capturing top-market rents from day one.

• Premium Upgrades: Stainless or modern upgraded appliances and updated layouts dramatically minimize near-term tenant turnover and repair costs.

• Durable Brick Asset Class: Class B structural rating with a 3,200 SF footprint provides long-term real estate stability.

• High-Demand Submarket: Poughkeepsie remains one of the most sought-after rental markets in Dutchess County due to its relative affordability and direct rail link to Manhattan.