Technical
Financial
Distress signals
Property profile

2 Charles Ln Rhinebeck, NY 12572

OFF-MARKET
Industrial properties
Property ID
US63-5995400
0.09 ac lot Built 1900
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Property summary

AI-generated overview

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 profile

Verified
Property type Industrial properties
Year built 1900
Lot 0.09 ac (3,920 SF)
UPID US63-5995400

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Charles Ln Rhinebeck, NY 12572
Rhinebeck metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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