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Four-Unit Multifamily Property

1614 Route 9G, Hyde Park, NY 12538

For Sale
$589,000

Residential Income, Hyde Park, NY

Property SizeContact for details
Lot Size2.50 Acres
Days on Market100

Property Features for 1614 Route 9G

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 3
Parking 8
Parking features Driveway
Window features Blinds, Screens
Patio and Porch features Patio, Deck
Interior features First Floor Bedroom, Built-in Features, Eat-in Kitchen, Entrance Foyer, Open Floorplan, Open Kitchen, Walk-In Closet(s)
Exterior features Lighting, Mailbox
Lot features Front Yard, Near School, Part Wooded
Elementary school North Park Elementary School
Middle school Haviland Middle School
High school Franklin D Roosevelt Senior High School
Elementary school district Hyde Park
Middle school district Hyde Park
High school district Hyde Park
Directions From Traffic Signal at the intersection of State Route 9G and East Market Street in Hyde Park, travel 2.5 miles North on Rt 9G. No. 1614 is on the Right just after the entrance of North Park Elementary School (on Left).
Standard status Active
APN 133200-6166-04-813419-0000
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8870

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air, Oil
Cooling system Varies by Unit
Water source Well

Building Details

Year built 1956
Number of units 4
Flooring type Tile - Ceramic, Vinyl
Building materials Vinyl Siding
Architectural style Ranch
Listing Agency: K. Fortuna Realty, Inc.
Listed By: Patricia J. Hohmann
Added: Aug 3 Changed: Nov 6 Last Checked: Nov 10 at 1:06AM
MLS# 1033736

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.

Rey
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Investment Insights

Based on property information with market context.

Set on 2.5 acres, this four-unit property comprises a three-unit multifamily building and a separate cottage. The main building contains two one-bedroom apartments with sleeping lofts and a two-bedroom apartment. The detached cottage has two bedrooms, one bathroom, and an open layout on a single level. Recent improvements include roofs on both buildings, a cottage HVAC system and water filtration system, and a furnace in the multifamily building.

The property is on Route 9G near North Park Elementary, with access to downtown Hyde Park and Rhinebeck. A 7.5% cap rate is stated for the property.

Key Highlights

  • Four units across two separate dwellings on 2.5 acres
  • Main building has two one‑bedroom units with sleeping lofts and one two‑bedroom unit
  • Detached cottage offers two bedrooms, one bathroom, and a single‑level open layout

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 12538, NY

14,181
Population
5,609
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
556
Density / Sq Mi
$86,641
Median Household Income
$44,926
Median Earnings
$1,190
Median Rent
$287,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Triplexes in Dutchess County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two buildings provide a mix of apartments and a detached, single-level cottage.
Where is this triplex located?
The property is located at 1614 Route 9G Hyde Park, NY.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Four units across two separate dwellings on 2.5 acres; Main building has two one‑bedroom units with sleeping lofts and one two‑bedroom unit; Detached cottage offers two bedrooms, one bathroom, and a single‑level open layout
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