48 Columbia Street, Poughkeepsie, NY

$899,000

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5,763

Square feet

0.21

Acres

About 48 Columbia Street

Turnkey investment opportunity delivering an 8.7% cap rate in Poughkeepsie’s Campus Development (CD) District. This well-maintained 5-unit mixed-use building features (3) 1-bedroom apartments, (1) 2-bedroom apartment, and 1 commercial space, just one block from Vassar Brothers Medical Center. The sale also includes a separately deeded 0.11-acre parking lot on Franklin Street, providing added convenience and long-term value for tenants. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with room for future upside. Financials available upon request—an ideal opportunity for investors seeking a stable, income-producing asset in a prime growth corridor.

Features of 48 Columbia Street

MLS® # 883669
Price $899,000
Bathrooms 0.00
Square Footage 5,763
Acres 0.21
Taxes $18,548
Year Built 1900
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 48 Columbia Street
City Poughkeepsie
County Dutchess County
State NY
Zip Code 12601
Adult 55+ Community No

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected
Parking Driveway, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Electric, Natural Gas
Cooling Wall/Window Unit(s)
Has Basement Yes
Basement Unfinished
Fireplace No
# of Stories 2

Exterior

Lot Description Level, Paved
Exterior Frame

Additional Information

Date Listed June 30th, 2025
Days on Market 168
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSerhant LLC

Listing Map

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