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Listed by Matthew Eyler, New Paltz Properties
One of the best college rentals in New Paltz! Right near campus, in a charming well-maintained single family home with a large deck, nice lawn, garage, and front patio with seasonal mountain views. The house is a fully-approved 5-bedroom college rental that is leased to five students through May 2022. Four of the five bedrooms are large enough to be rented with double occupancy, presenting excellent income upside to new ownership. Double occupancy is a very high-demand segment of the college rental market (due to the discount-per-student) but most rental bedrooms in the area do not meet the minimum 120 sf threshold. The large bedrooms here measure 145, 155, 180, and 185 square feet! Pride of ownership is obvious, with well-kept grounds and virtually no deferred maintenance. Municipal water/sewer, 200 amps of electricity, washer/dryer hook ups, and a third floor "bonus room" all add significant value. Contact listing broker for full financials.

More Info

Basic Information

  • Acreage0.23
  • AppliancesMicrowave, range, refrigerator
  • Broker ID517
  • Broker NameNew Paltz Properties
  • Lfd StyleCOLONIAL
  • List Price$425,000
  • MLS Number20212340
  • MlsStatusACTIVE
  • Property StyleColonial
  • Property TypeSingle Family
  • Square Feet2,052
  • WaterMUNICIPAL

Utilities

  • Heat SourceBASEBOARD
  • Heating FuelOIL
  • Hot WaterCOIL

Other

  • Electricity200 AMPS
  • Lot22
  • Lot Dimensions70 x 150
  • Short SaleNo
  • View Count24

Location

  • Address42 S Chestnut Street
  • Area TownNEW PALTZ
  • Building Number42
  • High School DistrictNew Paltz Central
  • StateNY
  • StreetChestnut
  • Street DesignationStreet
  • TownNew Paltz
  • Zip12561

Interior

  • Bathroom2
  • Bedroom 2 Level1
  • Bedroom 3 Level2
  • Bedroom 4 Level2
  • Bedrooms5
  • Dining Room Level1
  • Family Room Level1
  • Kitchen Level1
  • Living Room Level1

Building

  • AtticFINISHED
  • BasementFULL, WALK OUT
  • ConstructionFRAME/STICK
  • Den Level3
  • Garage Parking Extras1-Car
  • Garage Spaces1
  • Garage TypeGarage Detached
  • PorchDECK, PATIO
  • RoofASPH SHINGLE
  • Sqft 1st840
  • Sqft 2nd808
  • Sqft 3rd404
  • Utility LevelB
  • Year Built1900

Amenities

  • Other AmenitiesBasement, Fireplace, Mountain View

New Paltz, NY Demographics

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New Paltz, NY Real Estate Market Data

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New Paltz, NY Schools

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