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89 S Cherry Street, 
Poughkeepsie, NY 12601

$479,999


6

Beds


2

Baths


5,016

Sq Ft


Multi-Family

Active

Listed by

Latanya Frazier

Oxford Property Group Usa

Last updated:

June 12, 2025, 11:39 AM

MLS#

874663

Source:

One Key MLS

About This Home

89 S Cherry Street

PRIME 2-FAMILY INVESTMENT offers a Epic Opportunity for passive income or leverage into commercial. This 2-Family investment opportunity is sited on a huge double lot just shy of a quarter of an acre on the south side of Poughkeepsie. Perfect for the Owner Investor who lives in one unit while the rental income pays your mortgage. Unique property features that add value include private off street oversized parking lot for 8+ cars behind the home; private recessed driveway with gate on the left side of the Duplex could qualify for college housing and 12’ privacy evergreens with rare XL yard and additional green space behind the parking lot awaiting your vision of a greenhouse, hobby shed or additional parking spaces. This 6 bedroom 2 full bathrooms 2 kitchens 2508SF of living space, 1254SF of rentable attic non-living storage space. Total approximate square footage 5,016SF Easy conversion to 3-family passive income by converting attic into Studio/Loft or LEVERAGE into COMMERCIAL by expanding the building footprint constructing an addition onto the left side of the building adding more units (studios)The proposed expansion could be contained within the green buildable lot utilizing the pre-existing front and rear building envelope which would not interfere with the rear parking lot. Perfect for the builder or developer looking for land with built in infrastructure. Infinite options to GO BIG you won't regret adding this workhorse to your portfolio. Municipal gas water and sewer. Hardwood floors, 2019 new fence, 2018 new windows & attic insulation 2024 Taxes $12,582. Apartment A 4Bed/1Bath Apartment w/front porch; Apt B 2Bed/1Bath w/ front balcony sunroom 1254SF. Full walk up Attic/Loft/Studio 1254SF if rentable storage space Full walk out Basement with side entry door 1254SF has electric dryer hook up new mechanicals electric panels in 2015 Cute cherry blossom tree lined Street. Unlimited potential with something for everyone so don’t miss out FIRST TIME HOMEBUYERS as this homestead could seed your retirement fund! Highest and best use commercial redevelopment. Close to Rt#9, Hudson Valley Historical Attractions, Recreational Amenities, Culinary & Distillery Experiences, Vassar, Marist College and two Hospitals Buyers Choice: Own and occupy as landlord 2-Family passive income as investor 3-Family w/ converted attic loft studio as builder 6+Commercial as developer

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1920

Price Summary

479,999

$95 per Sq. Ft.

MLS #:

874663

Last Updated:

June 12, 2025, 11:39 AM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Building Area:

5,016 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

10,019


Finances & Disclosures

Finances

Price:

$479,999

Price per Sq. Ft:

$95 per Sq. Ft.

Source:One Key MLS
Copyright 2025 OneKey MLS. All rights reserved. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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