Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
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$950,000
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9,147 Sqft Lot
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48 Columbia ST Poughkeepsie, NY 12601

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 883669

Rental Info No

Year Built 1900

Annual Tax Amount $18,548

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi Family

Source onekey2

Property Description

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.

Location

State NY

County Dutchess County

Rooms

Basement Unfinished

Interior

Heating Baseboard, Electric, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Driveway, Parking Lot

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Building

Lot Description Level, Paved

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Special Listing Condition None


Listed by Serhant LLC

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agent

Jose Agudo

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+1(917) 674-8131

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48 Columbia ST