8
See all 8 photos
$389,000
Est. payment /mo
1.2 Acres Lot
Open Sun 12PM-1:30PM
234 State Route 32 New Paltz, NY 12561
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Chaim Reich - Erealty Advisors
Chaim Reich - Erealty Advisors
chaim@ritzrealtyusa.com +1(718) 781-3616OPEN HOUSE
Sun Apr 27, 12:00pm - 1:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY851293
Originating Board onekey2
Rental Info No
Year Built 1900
Annual Tax Amount $8,003
Lot Size 1.200 Acres
Acres 1.2
Property Sub-Type Duplex
Property Description
Turn-Key Investment Opportunity in New Paltz! Fully occupied and income-producing, this well-maintained 2-family property is a prime addition to any investor's portfolio. Located in the heart of New Paltz with low taxes, this property features two spacious 2-bedroom, 1-bath units, each offering 1,138 sq ft of comfortable living space. Both units are occupied by long-term tenants — one for 7 years — currently generating 1,650 and 1,400/month, with tenants responsible for all utilities. That's 3,050/month in rental income with room to grow, as current rents are below market value — comparable 2-bedroom rentals in the area are averaging around 2,000/month. Additionally, the property includes a concrete block shed, offering further income potential through storage rental or other creative uses.
Location
State NY
County Ulster County
Rooms
Basement Full
Interior
Interior Features First Floor Bedroom
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected
Garage false
Building
Sewer Septic Tank
Water Well
Schools
Elementary Schools Duzine
Middle Schools New Paltz Middle School
High Schools New Paltz Senior High School
School District New Paltz
Others
Senior Community No
Special Listing Condition None
Listed by eXp Realty