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 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.
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Zillow last checked:
Listing updated:
Listed by:
K. Fortuna Realty, Inc.845-632-3492,
Patricia J. Hohmann845-849-5066
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1033736
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Forced Air, Oil
Cooling
Varies by Unit
Features
First Floor Bedroom, Built-in Features, Eat-in Kitchen, Entrance Foyer, Open Floorplan, Open Kitchen, Walk-In Closet(s)
Flooring: Ceramic Tile, Vinyl
Windows: Blinds, Screens
Attic: Scuttle
Has fireplace: No
Interior area
Total structure area: 1,579
Total interior livable area: 1,579 sqft
Property
Parking
Total spaces: 8
Parking features: Driveway
Has uncovered spaces: Yes
Accessibility
Accessibility features: Accessible Central Living Area, Accessible Common Area, Accessible Entrance
Features
Patio & porch: Deck, Patio
Exterior features: Lighting, Mailbox
Fencing: None
Has view: Yes
View description: None
Lot
Size: 2.5 Acres
Features: Front Yard, Near School
Residential vegetation: Partially Wooded
Details
Additional structures: None
Parcel number: 1332006166048134190000
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Ranch
Property subtype: Triplex, Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Foundation: Slab
Condition
Actual
Year built: 1956
Utilities & green energy
Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Community & HOA
Community
Security: Smoke Detector(s)
Location
Region: Hyde Park
Financial & listing details
Price per square foot: $402/sqft
Tax assessed value: $138,000
Annual tax amount: $8,870
Date on market: 8/4/2026
Cumulative days on market: 2 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA
Tenant pays: See Remarks
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
8/5/2026
Listed for sale
$635,000+388.5%$402/sqft
Source: OneKey® MLS as distributed by MLS GRID #1033736Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.