NY > New Paltz
New Paltz, NY 12561,232 State Route 32
New Paltz, NY 12561,232 State Route 32
New Paltz, NY 12561,232 State Route 32
New Paltz, NY 12561,232 State Route 32
New Paltz, NY 12561,232 State Route 32
New Paltz, NY 12561,232 State Route 32
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Matthew Pinnock

Matthew Pinnock

+1(845) 461-5650
$ 495,000
Est. payment | /mo

2.1 Acres Lot

Save
$ 495,000
Est. payment | /mo
Save

2.1 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 851288

Style Ranch

Rental Info No

Year Built 1900

Annual Tax Amount $6,984

Lot Size 2.100 Acres

Acres 2.1

Property Sub-Type Triplex

Source onekey2

Property Description

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 shed is included on the property, featuring three small bays and one larger bay—perfect for storage or renting out for additional income.

Location

State NY

County Ulster County

Interior

Interior Features Other

Heating Baseboard, Electric, Other

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Available

Garage false

Building

Sewer Septic Tank

Water Well

Structure Type Frame

Schools

Elementary Schools Duzine

Middle Schools New Paltz Middle School

High Schools New Paltz Senior High School

Others

Senior Community No

Special Listing Condition None

Listed by eXp Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(845) 461-5650

matt@thepinnockteam.com

100 Riverside Blvd, New York, NY, 10069-0401, USA

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232 State Route 32