Description
Tremendous Investment Opportunity in Hyde Park! This unique property features two separate dwellings totaling four units on 2.5 acres. The main multi-family building holds three units: two 1-bedroom units featuring cozy sleeping lofts (including one with custom built-in closet) and one spacious 2-bedroom unit. The second building is a charming, detached 2-bedroom, 1-bath cottage with an open-concept layoutall on one level. Well-maintained with extensive recent upgrades, including new roofs, new cottage HVAC and water filtration system, and a new furnace in the multi-family dwelling. Ideal for savvy investors seeking a 7.5% cap rate or an owner-occupant looking to live in the private cottage while rental income covers living expenses. Prime location along Route 9G near North Park Elementary, offering easy access to both historic downtown Hyde Park and vibrant Rhinebeck center for shopping, dining, and entertainment. Financial details on attached flyer.
Details
| MLS # | 1033736 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 46 |
| Listing Provided By | K. Fortuna Realty, Inc. | Patricia J. Hohmann |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,579 |
| Units | 4 |
| Acreage | 2.50 |
| Property View | None |
Interior
| Cooling | Varies by Unit |
|---|---|
| Heating | Forced Air, Oil |
| Interior Features | First Floor Bedroom, Built-in Features, Eat-in Kitchen, Entrance Foyer, Open Floorplan, Open Kitchen, Walk-In Closet(s) |
| Window Features | Blinds, Screens |
Exterior
| Exterior Features | Lighting, Mailbox |
|---|---|
| Security Features | Smoke Detector(s) |
| Construction Materials | Vinyl Siding |
| Foundation Details | Slab |
| Lot Features | Front Yard, Near School, Part Wooded |
| Fencing | None |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 138000 |
| Tax Annual Amount | 8870 |
| Tax Lot | 1612 |
Area Information
| State | NY |
|---|---|
| County | Dutchess County |
| City | Hyde Park |
| Zip Code | 12538 |
| School District | Franklin D Roosevelt Senior High |
| Elementary School | North Park Elementary School |
| High School | Franklin D Roosevelt Senior High |
| Listing VS Median (in 12538) | |
Price: $635,000 low | high Med: $492,500 sqft: 1,579 low | high Med: 2,122 $ / sqft: $402 low | high Med: $245 On site: 46 low | high Med: 56 | |
Market Activity 12538
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Learn More About This Property
| State | NY |
|---|---|
| County | Dutchess County |
| City | Hyde Park |
| Zip Code | 12538 |
| School District | Franklin D Roosevelt Senior High |
| Elementary School | North Park Elementary School |
| High School | Franklin D Roosevelt Senior High |
| Listing VS Median (in 12538) | |
Price: $635,000 low | high Med: $492,500 sqft: 1,579 low | high Med: 2,122 $ / sqft: $402 low | high Med: $245 On site: 46 low | high Med: 56 | |
