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! Appliances: Electric Water Heater BuildingAreaSource: Other, ConstructionDescription: Vinyl Siding, PropertySubType: Quadruplex,
4.71 Private Acres Exterior Space
Investment
$9,000 Annual Tax
Built in 1975
MLS/Listing ID H6316535
4 Units
Common Area
Heating - Electric
Cooling - Zoned
Listing Courtesy of BHHS HUDSON VALLEY PROPERTIES, JORGE LUGO - 845-857-8740
Source of Data: ONEKEY MLS