1614 Route 9GHyde Park, NY 12538

Description

Motivated Seller with 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 layout—all 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 8% 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.

Property Information

Property type

Residential Income

Sub-type

Triplex

Style

Ranch

Year built

1956

Building area

1,579 Sq Ft

Lot size

2.50 acres

Parking spaces

8

Days on market

93

MLS^® Listing#

1033736

Property Features

Interior

Built-in Features · Eat-in Kitchen · Entrance Foyer · Open Floorplan · Walk-In Closet(s)

Exterior

Lighting

Cooling

Varies by Unit

Heating

Forced Air · Oil

Flooring

Ceramic Tile · Vinyl

Parking

Driveway

Patio

Deck · Patio

Fencing

None

Lot features

Front Yard

Construction

Vinyl Siding

Windows

Blinds · Screens

Security

Smoke Detector(s)

Other structures

None

Utilities

Cable Available · Cable Connected · Electricity Connected · Sewer Connected · Water Connected

Sewer

Septic Tank

Water source

Public · Private · Well

Schools

Elementary

North Park Elementary School

Middle

Haviland Middle School

High

Franklin D Roosevelt Senior High School

Financial Details

Annual taxes

$8,870

Assessed value

$138,000

Parcel number

133200-6166-04-813419-0000

Directions

From Traffic Signal at the intersection of State Route 9G and East Market Street in Hyde Park, travel 2.5 miles North on Rt 9G. No. 1614 is on the Right just after the entrance of North Park Elementary School (on Left).