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Single Family House for Sale in New Paltz, Ulster County, NY 12561 | Web ID: 851293 | $389,000

 
Single Family in New Paltz - State Route 32  Ulster County, NY 12561Single Family State Route 32  Ulster County, NY 12561, MLS-851293-2Single Family State Route 32  Ulster County, NY 12561, MLS-851293-3Single Family State Route 32  Ulster County, NY 12561, MLS-851293-4Single Family State Route 32  Ulster County, NY 12561, MLS-851293-5Single Family State Route 32  Ulster County, NY 12561, MLS-851293-6Single Family State Route 32  Ulster County, NY 12561, MLS-851293-7Single Family State Route 32  Ulster County, NY 12561, MLS-851293-8
 

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.

Property Information

Location/Town New Paltz
Area/County Ulster County
Prop. Type Single Family House for Sale
Tax $8,004.00
Year Built 1900
Basement Full
Construction Frame
Total Units 2
Lot SqFt 52,272
Cooling None
Heat Source Baseboard, Electric
Util Incl Electricity Connected
Days On Market 48
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

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