Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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