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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.

Agent 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.

Key Features

  • Built in 1900
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
1900

Amenities

A/C

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

48 Columbia Street

Poughkeepsie, NY 12601

Property Details

Construction

Frame

Parking

Parking LotDriveway

Heating

BaseboardElectric (Heating)Natural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

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.

JG

Jake Garay

Agent at Serhant LLC

(914) 772-2603

Listed by Serhant LLC

MLS# 883669· Source: listhub· Updated 336 days ago

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

48 Columbia Street, Poughkeepsie, NY 12601

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