236 State Route 32 S, New Paltz, NY 12561
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 1.06
- Year built
- 1900
Interior features
- Basement
- Yes
Utilities
- Heating
- Baseboard, Electric, Other
- Cooling
- None
- Sewer
- Septic tank
- Water
- Private, Well
Taxes
- Tax Annual Amount
- $6,824.85
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 851301 Last checked: …

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