This well maintained 18-unit garden style apartment complex presents a prime value-add investment opportunity in a sought-after Rhinebeck, NY location. The property comprises a mix of unit types, including 14 spacious two-bedroom apartments, 3 one-bedroom plus den units, and one studio apartment, along with a two-car garage. The property boasts impressive landscaping, creating a serene and welcoming environment for residents. Plenty of parking available for both tenants and guests, ensuring convenience and ease of access. The units feature a mix of ground-floor flats, two-level townhome-style layouts with 2 bedrooms and 1.5 baths, and a few mixed floor plan units. This variety adds character and charm to the complex, appealing to different tenant preferences.
MLS# | H6300748 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1960 |
Days On Site | 146 |
Listing Provided By | BHHS Hudson Valley Properties | Sean C. Eidle |
SQ Feet | 25,121 |
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Garage | 2 |
Units | 18 |
Acreage | 6.82 |
State | NY |
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County | Dutchess |
City | Rhinebeck |
Zip Code | 12572 |
Subarea | 99 |
School District | Rhinebeck Senior High School |
Elementary School | Chancellor Livingston Elementary |
Middle School | Bulkeley Middle School |
High School | Rhinebeck Senior High School |
Listing VS Median (in 12572) | |
Price: $3,500,000 low | high Med: $629,000 SqFt: 25,121 low | high Med: 2,590 $ / SqFt: $139 low | high Med: $243 On Site: 146 low | high Med: 127.000000 |