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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/Town | New Paltz |
Area/County | Ulster County |
Prop. Type | Single Family House for Sale |
Tax | $8,004.00 |
Year Built | 1900 |
Basement | Full |
Total Units | 2 |
Lot SqFt | 52,272 |
Cooling | None |
Heat Source | Baseboard, Electric |
Util Incl | Electricity Connected |
Days On Market | 6 |
Tax Assessed Value | 200300 |
Units | 2 |
School District | New Paltz |
Middle School | New Paltz Middle School |
Elementary School | Duzine |
High School | New Paltz Senior High School |
Features | First floor bedroom |
Listing information courtesy of: eXp Realty |