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 |
| Square Footage | 5,763 |
| Acres | 0.21 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 48 Columbia Street |
|---|---|
| City | Poughkeepsie |
| County | Dutchess County |
| State | NY |
| Zip Code | 12601 |
Additional Information
Listing Details
| Office | Serhant LLC |
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