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$650,000
Est. payment /mo
6 Beds
4 Baths
3,048 SqFt
UPDATED:
11/04/2024 09:12 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,048 sqft
Price per Sqft $213
MLS Listing ID H6316535
Style Two Story
Bedrooms 6
Full Baths 4
Originating Board onekey
Rental Info No
Year Built 1975
Annual Tax Amount $9,000
Lot Size 4.710 Acres
Acres 4.71
Property Description
Great opportunity to purchase a Fourplex, this property presents a prime value-add investment opportunity in sought-after Rhinebeck, NY! The property comprises 2 two-bedroom apartments, and 2 one-bedroom apartments. All the units are provided with electric kitchens and electric zone-baseboard heating. Each apartment has its own electric meter, and there is a separate landlord meter that provides power to the well pump, lighting in the service rooms, and parking lot. There is also a small, shared laundry room on the ground floor, with a coin operated washer and dryer. The property boasts impressive landscaping and comes with 4-plus acres of buildable land adjacent to the existing structure. Plenty of parking available as there is 8 marked parking spaces and ample room for additional guest parking. All tenants are currently renting on a month-to-month basis, all four units have been fully occupied for years. This investment property is unique and presents good upside for new ownership!
Location
State NY
County Dutchess
Interior
Heating Electric, Baseboard
Cooling Zoned
Fireplace No
Exterior
Garage Driveway
Parking Type Driveway
Garage false
Building
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
Schools
Elementary Schools Chancellor Livingston Elementary Sch
Middle Schools Bulkeley Middle School
High Schools Rhinebeck Senior High School
School District Rhinebeck
Others
Senior Community No
Special Listing Condition None
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Listed by BHHS Hudson Valley Properties • 845 8768600