95 Cannon Street, Poughkeepsie, NY 12601
Dutchess County
Key Facts
Description
EXCEPTIONAL investment opportunity in the heart of Poughkeepsie! Endless potential awaits within the newly established Poughkeepsie Innovation District (PID-B), offering exciting redevelopment possibilities. This designation may allow for conversion to a larger apartment building of five stories or more. Ideally positioned along the Main Street corridor, the property may also qualify for available grants, incentives, and redevelopment programs - creating a rare opportunity to maximize long-term value and returns. This three-story with additional garden level potential , multi-family property is rich in character and ready for transformation. Featuring a classic mansard roof and original architectural details, the building offers a total of 7 bedrooms across the three units. Spacious layouts include large living rooms, dining areas, and generously sized bedrooms, with high ceilings, original woodwork, fireplaces, and oversized windows providing a strong foundation for renovation. Upper levels offer additional space ideal for reconfiguration or potential expansion of living areas. The property sits on a deep lot with off-street parking potential and is centrally located near downtown Poughkeepsie, Metro-North, hospitals, restaurants, and the Hudson River waterfront - making it highly attractive for future tenants. This is a full rehab project being sold as-is, perfect for investors looking to maximize rental income or resale value. With the right vision, this property can be restored into a high-performing multi-family asset in a strong and growing rental market. Don’t miss the opportunity to bring this historic property back to life - schedule your showing today!
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Style
Colonial / Other
Year Built
1920
Lot Size
0.07 acres
Days on Market
13
MLS® Listing#
993386
Property Features
Cooling
Heating
Flooring
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Gov George Clinton School
- Middle:
- Poughkeepsie Middle School
- High:
- Poughkeepsie High School
Financial Details
Annual Taxes
$5,993
Assessed Value
$274,200
Parcel Number
131300-6162-78-145018-0000
Affordability Calculator
$70,000
Estimated monthly payment
$1,863/mo
Principal $280,000 · Est. interest $390,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Poughkeepsie, NY
- $436,111
- Median Listing Price
- 37
- Median Days on Market
- 1,816
- Median Sq Ft
- $241
- Median Price / Sq Ft
- 182
- Active Listings
- This home’s price is 20% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Poughkeepsie, NY.
Location
Points of Interest in Poughkeepsie, NY
Showing the Poughkeepsie area map.
Nearby Schools
Clinton Elementary School
Elementary · 0.2 mi away
Poughkeepsie Public School Teachers
School · 0.3 mi away
Morse Young Magnet School
Elementary · 0.4 mi away
Columbus Elementary School
Elementary · 0.5 mi away
Warring Magnet Academy of Science and Technology
School · 0.6 mi away
Smith Humanities Magnet School
School · 0.6 mi away
Poughkeepsie City School District
School · 0.7 mi away
Poughkeepsie High School
Secondary · 0.7 mi away
The Institute for Holistic Health
School · 0.8 mi away
Our Lady of Mt Carmel Faith Formation Program
School · 0.8 mi away
Poughkeepsie Middle School
Secondary · 0.9 mi away
Holy Trinity School
School · 1.2 mi away
Arlington Central School District
Secondary · 1.3 mi away
Krieger Elementary School
Elementary · 1.4 mi away
Alumnae Alumni Vassar College
School · 1.4 mi away
Arthur S May School
Elementary · 1.6 mi away
Arlington Middle School
Elementary · 1.6 mi away
Wimpsheimer Nursery School at Vassar College
School · 1.7 mi away
Violet Avenue Elementary School
Elementary · 1.9 mi away
Rose Hill Manor Day School of Highland
School · 2.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 34 Brookland Farms Road, Poughkeepsie, NY | $303,800 | 5 | 3 | 2,714 |
| 37 Delano Street, Poughkeepsie, NY | $420,000 | 6 | 2 | 1,740 |
| 94 Academy Street, Poughkeepsie, NY | $425,000 | 6 | 2 | 2,100 |
| 33 Manitou Avenue, Poughkeepsie, NY | $449,999 | 6 | 2 | — |
| 94 Crestwood Boulevard, Poughkeepsie, NY | $449,999 | 5 | 2 | 2,500 |
| 17 Conklin Street, Poughkeepsie, NY | $450,000 | 6 | 3 | — |
Moving Cost Estimate
EXIT Agents in Poughkeepsie
Listing Courtesy: KW MidHudson - 9149620007
Presented by: Ronald C. Green
Fair Housing Notice