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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!
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Listing information last updated on July 14th, 2024 at 7:35am EDT.