Attention Investors! Discover an exceptional opportunity to build passive income from the ground up. Vacant lot located in the heart of Poughkeepsie's coveted Medical vicinity. Positioned within walking distance of Vassar Hospital, this property offers a strategic advantage for generating rental income. With municipal water & sewer no board of health approval needed. Lot requires variances for building approval. Be sure to seize this golden opportunity at a competitive price of $100,000. As the famous saying goes, "Buy land, they're not making any more of it," emphasizing the enduring value of real estate. Don't miss your chance to secure this prime piece of Poughkeepsie real estate - contact us today to view and begin your investment journey.
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Elementary School:
Gov George Clinton School
Middle School:
Poughkeepsie Middle School
High School:
Poughkeepsie High School
School District:
Poughkeepsie
60 Lincoln Avenue, Poughkeepsie, (Poughkeepsie City), NY, 12601
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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