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For Sale
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street
48 Columbia Street

48 Columbia Street

48 Columbia Street, Poughkeepsie, NY 12601

$950,000

  • 0 BEDROOMS
  • 5,763 Sq.Ft.

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.

Overview

Property Type
Commercial
Location
48 Columbia Street, Poughkeepsie, NY 12601
MLS ID
883669
Listing Last Updated

Property Features & Amenities

Interior

Exterior

Stories
2
Water Source
Public
Utilites
Electricity Connected, Natural Gas Connected, Sewer Connected
Lot Features
Level, Paved
Parking
Driveway, Parking Lot
Heat Type
Baseboard, Electric, Natural Gas
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer

Details

Financial

Price
$950,000
Real Estate Tax
$18,548/yr

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Jake Garay

Founding Agent || SERHANT. Hudson Valley

(914) 772-2603

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    Jake Garay
    Jake Garay
    Founding Agent || SERHANT. Hudson Valley
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