See all 8 photos

$389,000

Est. payment - /mo

Save

1.2 Acres Lot

Active

234 State Route 32 New Paltz, NY 12561

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

May

Mon

May

Tue

May

Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY851293

Originating Board onekey2

Rental Info No

Year Built 1900

Annual Tax Amount $8,003

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Duplex

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

Schools

Elementary Schools Duzine

Middle Schools New Paltz Middle School

High Schools New Paltz Senior High School

School District New Paltz

Others

Senior Community No

Special Listing Condition None

Listed by eXp Realty

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States