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89 S Cherry Street

Poughkeepsie, NY 12601

6 beds
2 baths
5,016 sqft
10,019 sqft lot
$95 per sqft
1920 build
– on site

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

Listing courtesy of ONEKEY / Oxford Property Group USA

Last checked: Checking… • Last updated Jun 12, 2025 •

MLS# 874663 —

The Building

Year Built:

1920
Basement:

true
Construction Materials:

Foam Insulation
Patio And Porch Features:

Covered, Deck, Porch
# of Total Units:

2
Foundation Details:

Stone
Building Area Units:

Square Feet
Total Vacancies:

2
Building Area Total:

5016
Building Area Source:

Public Records
Exterior Features:

Balcony, Rain Gutters
Window Features:

Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, New Windows
Door Features:

Storm Door(s)
Security Features:

Fire Alarm, Security Lights, Security System, Smoke Detector(s), Video Cameras
Attic:

Full,See Remarks,Stairs,Storage,Walkup

Interior

Interior Features:

First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Formal Dining, Natural Woodwork, Original Details, Washer/Dryer Hookup
Fireplace:

false
Flooring:

Hardwood

The Property

Fencing:

Back Yard, Chain Link, Fenced, Perimeter
Lot Features:

Back Yard, Front Yard, Level, Near Public Transit, Near School, Near Shops, Private, See Remarks
Lot Size Acres:

0.23
Parcel Number:

131300-6161-31-314870-0000
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size SqFt:

10,019 Sqft
Property Attached:

false
Additional Parcels:

false
Lot Size Dimensions:

78'x137'x78'x123'
Waterfront:

false
Road Frontage Type:

Municipal
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Source:

Municipality
Tax Annual Amount:

12582.3
Included In Taxes:

Sewer,Trash,Water

Beds

Total Bedrooms:

6

Baths

Full Baths:

2
Total Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Ducts, Forced Air, Natural Gas
Cooling:

Separate Meters, Wall/Window Unit(s)
# of Heat Units:

2
# of Heating Zones:

2

Utilities

Sewer:

Public Sewer
Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Water Source:

Public
Electric Company:

Central Hudson
# of Separate Electric Meters:

3

Schools

High School District:

Poughkeepsie City

The Community

Senior Community:

false
Additional Fees:

No
Pool Private:

false

Parking

Parking Features:

Driveway, Oversized, Parking Lot, Private
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
6/10/25 Jun 10, 2025	Listed / Active	ONEKEY	$479,999	472.1% (48.3% / YR)
9/1/15 Sep 1, 2015		ONEKEY	$83,900

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This multifamily located in Poughkeepsie City Center, Poughkeepsie, NY 12601 is currently for sale for $479,999. 89 S Cherry Street is a 5,016 square foot multifamily with 6 beds and 2 baths that has been on Estately for 2 days. 89 S Cherry Street is in the Poughkeepsie City Center neighborhood of Poughkeepsie and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Poughkeepsie High School.

Listing Courtesy of: ONEKEY and Oxford Property Group USA.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.