$579,000
$695,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
SOLD DATE : 12/30/2021
Key Details
Sold Price $579,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6139740
Style Colonial
Bedrooms 8
Full Baths 3
Half Baths 1
Year Built 1890
Annual Tax Amount $14,000
Property Description
Money Maker in New Paltz! Sought after prime location for student housing in the Village of New Paltz right between campus and Main Street. This property on three levels is 100% occupied, continuing a long history as a popular student rental. This property features two separate units rented annually to SUNY New Paltz students; one is a 3-bedroom 1.5 bath, and the other is a 5-bedroom 2 bath. Garage is also rented. The house sits at the end of a cul-de-sac offering plenty of off-street parking. Students love the generously sized bedrooms, comfortable layout, and spacious common areas. Utilities, which are separated by unit, are currently paid by landlord. Minutes from restaurants and shopping on Main Street. Close to scenic parks and outdoor activities. Very close to the Trailways bus terminal that services commuters from Albany to New York City. This multifamily property is a unique find offering a strong NOI. Can be professionally managed through perch'n. More info at ppxinvest. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
Location
State NY
County Ulster County
Interior
Heating Baseboard, Electric, Oil
Cooling None
Flooring Hardwood
Exterior
Parking Features Common, Detached, Off Street
Fence Fenced
Utilities Available Cable Available, Trash Collection Private
Amenities Available Park
Building
Lot Description Cul-De-Sac, Level, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Cedar,Frame,Shake Siding
Schools
Elementary Schools Contact Agent
Middle Schools New Paltz Middle School
High Schools New Paltz Senior High School
School District New Paltz
Others
Special Listing Condition None
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Bought with RMB & Associates