48 Columbia Street Poughkeepsie, NY 12601
Single Family Attached
MLS #: 883669
Courtesy Of Serhant LLC
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Frame
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- MLSID: 883669
- Rooms: Basement
MAP & DIRECTIONS
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