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About This Home
This 0-bedroom, 0-bathroom residential multi family at 48 Columbia Street in Poughkeepsie, NY is listed for $899,000. Built in 1900, on a 0.21 acres lot.
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.
Key Features
- Built in 1900
- 0.21 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$4,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
48 Columbia Street
Poughkeepsie, NY 12601
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 48 Columbia Street is listed at $899,000. The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.21 acre lot, 2 stories.
This property is listed by Jake Garay and can be reached at 9147722603 or jakegaray@serhant.com.






