48 Columbia ST new Save Request In-Person Tour Request Virtual Tour
Poughkeepsie,NY 12601
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