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236 State Route 32 S, New Paltz, NY 12561

View property features, location on map, relevant school information and overview from seller's agent.

Listed byeXp Realty
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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

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Sourced from: Onekey MLS MLS®#: 851301 Last checked:

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