$3,000,000
$3,500,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
6.82 Acres Lot
SOLD DATE : 02/21/2025
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6300748
Sold Date 02/21/25
Bedrooms 18
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1960
Annual Tax Amount $41,862
Lot Size 6.820 Acres
Acres 6.82
Property Sub-Type Multi Family
Property Description
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. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Location
State NY
County Dutchess County
Rooms
Basement Crawl Space, Full, Partial, Unfinished, Walk-Out Access
Interior
Heating Electric, Oil, Propane, Forced Air
Cooling Ductwork
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Attached, Common, Parking Lot
Utilities Available Cable Available, Trash Collection Private
Total Parking Spaces 40
Building
Lot Description Level, Part Wooded
Sewer Septic Tank
Water Drilled Well
Structure Type Frame,Brick,HardiPlank Type,Vinyl Siding
Schools
Elementary Schools Chancellor Livingston Elementary Sch
Middle Schools Bulkeley Middle School
High Schools Rhinebeck Senior High School
School District Rhinebeck
Others
Special Listing Condition None
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