# 48 Columbia Street, Poughkeepsie, NY 12601

> **TL;DR:** residential multi family, $899,000, built 1900.
> A/C. Est. $3,896/mo. Listed 336 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,000 |
| Year Built | 1900 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 336 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,896 |
| **Total** | **$3,896** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.21 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 48 Columbia Street, Poughkeepsie, NY 12601
- **County:** Dutchess County

## Listing Agent

- **Name:** Jake Garay
- **Brokerage:** Serhant LLC
- **Phone:** 9147722603
- **Email:** jakegaray@serhant.com

## Primary Photo

![48 Columbia Street - Primary Photo](http://lh.rdcpix.com/274ba34eadab092a93fc3ce033829d33l-f3122734133r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/48-columbia-street-poughkeepsie-ny-12601-y883669)*

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**MLS#:** 883669 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/48-columbia-street-poughkeepsie-ny-12601-y883669)

---

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  "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 B",
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