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Rare Investment Opportunity In New Paltz - Turnkey 3-1800 Square Family Property! Don't Miss This Chance To Own A Fully Operational, Income-generating 3-family Property In The Heart Of New Paltz On 2.1 Acres. Each Of The Three Spacious Units Features 1 Bedroom, Offering Comfortable Living And Strong Rental Appeal.current Rent Roll: 1300 (long Term Tenant). 1400, 1750 (new Tenant) Totaling 4, 450/month Two Of The Three Units Are Currently Rented Below Market Value, With 1-bedroom Units In The Area Easily Renting For Around 1, 800. That Means There's Room To Increase Your Monthly Income To Approximately 5, 400/month. Tenants Pay All Utilities, Including Heat And Electricity, Making This An Ideal Low-expense Investment. Recent Upgrades Include: Newer Roof, Updated Flooring, Renovated Bathrooms, Durable Plastic Septic System Located Just Off Route 32 South With A Shared Driveway, The Property Also Has Frontage On Brookside Road—offering Potential To Add A Second Private Entrance. A Multi-bay Shed Is Included On The Property, Featuring Three Small Bays And One Larger Bay—perfect For Storage Or Renting Out For Additional Income.
Location/Town | New Paltz |
Area/County | Ulster County |
Prop. Type | Single Family House for Sale |
Style | Ranch |
Tax | $6,985.00 |
Year Built | 1900 |
Total Units | 3 |
Lot SqFt | 91,476 |
Cooling | None |
Heat Source | Baseboard, Electric, |
Days On Market | 8 |
Tax Assessed Value | 174800 |
Units | 3 |
School District | New Paltz |
Middle School | New Paltz Middle School |
Elementary School | Duzine |
High School | New Paltz Senior High School |
Features | Other |
Listing information courtesy of: eXp Realty |