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292 Mill Street, Poughkeepsie, NY, 12601

2beds
3baths
2,268sqft
$475,000
$209price/sqft
$3,628/moest. monthly cost
$145,120/yrincome needed

About This Home

Exceptional mixed-use investment opportunity in the heart of downtown Poughkeepsie! This well-maintained brick building offers classic character paired with smart, low-maintenance ownership. Situated on a highly visible corner, the property blends residential income with prime commercial potential perfect for investors or owner-operators looking to plant roots in one of the Hudson Valley’s fastest-growing markets. The building is in pristine condition and features two residential units along with a spacious ground-level commercial storefront ready for a new or expanding business. The residential apartments provide steady rental income, while the vacant commercial space opens the door for additional revenue or personal business use. Solid brick construction, efficient systems, and minimal exterior upkeep make this a truly turnkey, low-maintenance asset. Location is everything, and this property delivers. Just minutes from the Metro-North Railroad Poughkeepsie Train Station, commuting to New York City is simple and convenient. Residents and customers alike will love being close to major downtown attractions including the historic Bardavon Opera House, the scenic Walkway Over the Hudson, waterfront dining, breweries, shops, and year-round entertainment. Nearby hotels such as the DoubleTree by Hilton bringing consistent visitor traffic to the area, supporting strong foot flow for local businesses. Downtown Poughkeepsie continues to see revitalization and investment, making this an ideal time to secure a property that offers immediate income, future upside, and long-term stability. Whether you’re expanding your portfolio or launching a new venture, this standout brick building checks every box: location, condition, versatility, and income potential.

Getting Around

92
WalkingWalker's Paradise
49
TransitSome Transit
60
BikeBikeable

Schools

2/10
2/10
2/10
Poughkeepsie High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other

Heating & Cooling

  • Heating features: Baseboard,Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,268
  • Total interior livable area: 2,268 sqft

Property

Details

  • Parcel number: 1313006162691011310000
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 871 sqft

Parking

  • Parking features: Off Street