NY > Poughkeepsie
Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
Poughkeepsie, NY 12601,48 Columbia ST
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Diana H. Murphy

Diana H. Murphy

+1(914) 760-5533
$ 950,000
Est. payment | /mo

9,147 Sqft Lot

Save
$ 950,000
Est. payment | /mo
Save

9,147 Sqft Lot

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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+1(914) 760-5533

diana@thenyrealtor.com

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48 Columbia ST