48 Columbia Street, Poughkeepsie, NY

$950,000

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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 $950,000
Bathrooms 0.00
Internal Footage 5,763
Acres 0.21
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

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)
Fireplace No
# of Stories 2
Has Basement Yes
Basement Unfinished

Exterior

Lot Description Level, Paved
Construction Frame

Additional Information

Date Listed June 30th, 2025
Days on Market 122
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofSerhant LLC

Listing Map

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