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    2 Charles Ln Rhinebeck, NY 12572

    Sponsored
    For Sale
    $994,000

    Six-unit income property near Amtrak & Hudson River.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a six-unit income-generating property nestled in the Hamlet of Rhinecliff, a highly desirable location in Rhinebeck, NY. The property sits on a 0.09-acre lot and comprises a diverse mix of rental units, ensuring a robust revenue stream. The main residence boasts two bedrooms, 1.5 bathrooms, an inviting entryway, a sunken living room, an eat-in kitchen, an open floor plan, and a private patio. Adding to the income potential are two separate office/studio spaces sharing a convenient bathroom. A storefront unit with its own bathroom is also included. Furthermore, the property features two one-bedroom apartments, each equipped with a full bathroom, an eat-in kitchen, a living room, and a dedicated office/den area. The property's prime location offers unparalleled convenience, with close proximity to the Amtrak train station, the picturesque Hudson River, and a local library. A short distance separates the property from the vibrant Village of Rhinebeck, providing residents with easy access to a range of amenities and services. This rare opportunity presents a unique blend of residential and commercial spaces, making it an ideal investment for discerning buyers seeking a high-yield property in a sought-after location. The asking price is $994,000.

    Property Features for 2 Charles Ln

    General Information

    Property type
    Industrial properties
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Auto Repair Shop Veterinary Clinic Bed & Breakfast Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rhinebeck
    County
    Dutchess County
    State
    New York
    Longitude
    -73.8756
    Latitude
    41.88469

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    FAQs

    What type of property is this?
    Industrial property - Six-unit income property near Amtrak & Hudson River.
    Where is this industrial property located?
    The property is located at 2 Charles Ln Rhinebeck, NY.
    What is the asking price?
    The asking price for this property is $994,000.
    Request Owner's contact information
    2 Charles Ln Rhinebeck, NY 12572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Charles Ln Rhinebeck, NY 12572
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