NY > New Paltz
New Paltz, NY 12561,234 State Route 32
New Paltz, NY 12561,234 State Route 32
New Paltz, NY 12561,234 State Route 32
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$389,000
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1.2 Acres Lot
Active

234 State Route 32 New Paltz, NY 12561

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 851293

Rental Info No

Year Built 1900

Annual Tax Amount $8,003

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Duplex

Source onekey2

Property Description

Turn-Key Investment Opportunity in New Paltz! Fully occupied and income-producing, this well-maintained 2-family property is a prime addition to any investor's portfolio. Located in the heart of New Paltz with low taxes, this property features two spacious 2-bedroom, 1-bath units, each offering 1,138 sq ft of comfortable living space. Both units are occupied by long-term tenants — one for 7 years — currently generating 1,650 and 1,400/month, with tenants responsible for all utilities. That's 3,050/month in rental income with room to grow, as current rents are below market value — comparable 2-bedroom rentals in the area are averaging around 2,000/month. Additionally, the property includes a concrete block shed, offering further income potential through storage rental or other creative uses.

Location

State NY

County Ulster County

Rooms

Basement Full

Interior

Interior Features First Floor Bedroom

Heating Baseboard, Electric

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Connected

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

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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234 State Route 32

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