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BATHS
MLS#883669
STATUSActive
PROPERTY TYPECommercial -
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.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Unfinished
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Electric, Natural Gas
Lot Size: 0.21 Acres
Stories: 2.0
Taxes: $18,548
Year Built: 1900
Feature Descriptions
Building Area Total: 5763
Business Type: Professional/Office
Days on Site: 364
Exterior: Frame
Lot Features: Level, Paved
On Market Date: 2025-06-30
Parcel Number: 131300-6061-36-891827-0000
Parking Features: Driveway, Parking Lot
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Units: 5
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Serhant LLC
Agency Phone: 646-480-7665
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR PROPERTY
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/30/2026. The listing information on this page last changed on 06/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/30/2026 12:00:23 AM EST) or NJMLS/ IDX (last updated Mon 06/29/2026 11:23:29 PM EST) or OneKey MLS (last updated Mon 06/29/2026 11:53:22 PM EST) or REBNY MLS (last updated Mon 06/29/2026 9:21:37 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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48 Columbia Street | MLS# 883669
This commercial property located at 48 Columbia Street, Poughkeepsie, NY 12601 is currently listed for sale with an asking price of $899,000. Search Poughkeepsie real estate on www.joycerealty.com today.