Price Reduced 5.37%
Price History
$950,000
6/30/2025
$899,000
11/24/2025
48 Columbia Street, Poughkeepsie, NY, 12601
1900
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.
Status:
Active
Type:
Commercial
Units:
5
Heating:
Baseboard, Electric, Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Unfinished
Levels:
2
Parking:
Driveway, Parking Lot
Acreage:
0.21
Est. Taxes:
$18,548
Assessment
$546,000
Construction
Frame
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Lot Description:
Level, Paved
Days on Market:
172
MLS #:
883669
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Serhant LLC 646-480-7665