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232 State Route 32 S, New Paltz, NY 12561

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Listed byeXp Realty
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Overview

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 s

Location

Full feature list

Basic info

Property type
Multi-family
Lot size (acres)
2.10
Year built
1900

Utilities

Heating
Baseboard, Electric, Other
Cooling
None
Sewer
Septic tank
Water
Private, Well

Taxes

Tax Annual Amount
$6,984.67

Public schools

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Sourced from: Onekey MLS MLS®#: 851288 Last checked:

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