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Single Family House for Sale in New Paltz, Ulster County, NY 12561 | Web ID: 851301 | $475,000

 
Single Family in New Paltz - State Route 32  Ulster County, NY 12561Single Family State Route 32  Ulster County, NY 12561, MLS-851301-2Single Family State Route 32  Ulster County, NY 12561, MLS-851301-3Single Family State Route 32  Ulster County, NY 12561, MLS-851301-4Single Family State Route 32  Ulster County, NY 12561, MLS-851301-5Single Family State Route 32  Ulster County, NY 12561, MLS-851301-6Single Family State Route 32  Ulster County, NY 12561, MLS-851301-7Single Family State Route 32  Ulster County, NY 12561, MLS-851301-8Single Family State Route 32  Ulster County, NY 12561, MLS-851301-9Single Family State Route 32  Ulster County, NY 12561, MLS-851301-10Single Family State Route 32  Ulster County, NY 12561, MLS-851301-11
 

Property Description

Excellent Investment Opportunity - Fully Occupied 3-family With Expansion Potential This Income-generating 3-family Property Is Fully Occupied And Currently Bringing In 4, 350 Per Month, With Tenants Responsible For All Utilities. The Building Features Two 1-bedroom Units And One 2-bedroom Unit, With An Unfinished 4th Unit That Offers Excellent Potential For Added Value. The Entire Floor Is Included In The Tax-recorded Square Footage And Can Be Reconverted Into A Legal Unit With The Proper Permits—unlocking Even More Income Potential. Highlights Include A Durable Metal Roof, Ample Off-street Parking With Space For More Vehicles Than Needed, And A Solid Rental History. While The Exterior Could Benefit From Some Tlc, The Property Offers Strong Bones And Immediate Cash Flow. The Current Rent Roll Is Below Market, Leaving Room For Future Rent Increases And Higher Returns.

Property Information

Location/Town New Paltz
Area/County Ulster County
Prop. Type Single Family House for Sale
Style Colonial
Tax $6,825.00
Year Built 1900
Basement Full
Total Units 3
Lot SqFt 46,174
Cooling None
Heat Source Baseboard, Electric,
Util Incl Electricity Connected
Days On Market 6
Tax Assessed Value 170800
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

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Tel: 718-896-0777
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Fax: 718-896-7020

 

 

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