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Listed by Brian Cafferty, Halter Associates Realty
This is a rare opportunity to own a 5-unit apartment building located in the stunningly picturesque countryside of New Paltz, and yet is only 5 minutes from its bustling historic Main Street. Whether you're looking for a solid investment opportunity in the red-hot rental market of New Paltz or you're looking to owner occupy and live free while the rest of the apartments pay your way, this property offers both options. This beautifully converted Post & Beam barn offers 3 two-bedroom apartments; two with their own exterior entrances and a third fabulous sun drenched top floor apartment with a large eat in kitchen and seasonal views of the magnificent Shawangunk Ridge. The other two units are spacious well laid out 1-bedroom apartments. This location has it all, with 4.23 acres on the meandering Kleine Kill stream, which is just a short walk to the Wallkill River and the amazing 22-mile Wallkill Valley Rail Trail. The trail connects Southern Ulster County to the city of Kingston and allows you to bike off road right into the Village of New Paltz in less than 15 minutes. The property offers unique quality of life amenities to its residents, featuring a large back yard, with stream frontage and cozy fire pit, where tenants can gather and relax. There is also plenty of space for each apartment to have its own garden and a recently repaved parking area provides plenty of off street parking. Its located just minutes from an abundance of outdoor recreational activities and resources such as biking, hiking, paddling, cross country skiing and Mt climbing. And it's only minutes to a multitude of restaurants, shops, farm stands, the Coppersea Distillery and the Gilded Otter Brew pub, the Mohonk Preserve and of course SUNY New Paltz.

More Info

Basic Information

  • Acreage4.23
  • List Price$839,900
  • MLS Number20212537
  • MlsStatusACTIVE
  • Property TypeMulti-Unit
  • SewerSEPTIC-INGR.
  • StyleBARN
  • Unit 2 SqFt1080
  • Unit 3 SqFt650
  • Unit 4 SqFt625
  • Unit 5 SqFt1000
  • Units5
  • Year Built1970

Amenities

  • Other AmenitiesBasement, Garden, Mountain View, Water View, Waterfront

Water Body

  • Lfd WaterDRILLED WELL
  • Water FeaturesSTREAM

Other

  • AppliancesRANGE, REFRIGERATOR, WHOLE HOUSE FILTER SYSTEM
  • Lot47
  • Lot Dimensions3.9
  • Lot Features
    • EASEMENT
    • LANDSCAPED
    • LEVEL
    • PARKING LOT
    • PUBLIC RAIL TRAIL
    • WATER FRONTAGE
    • WETLAND
    • WOODED
  • Lot SiteRURAL
  • Miscellaneous FeaturesCEILING-BEAMED, CEILING-CATHEDRAL, CEILING-VAULTED, OTHER/SEE REMARKS
  • PlumbingMIXED
  • ViewsMOUNTAIN, SEASONAL, WATER
  • View Count49

Location

  • Address28 Dug Road
  • Area TownNEW PALTZ
  • Building Number28
  • High School DistrictNew Paltz Central
  • StateNY
  • StreetDug
  • TownNew Paltz
  • Zip12561
  • ZoneA1 5

Interior

  • Fireplace DescriptionNONE
  • FloorsCARPET, CERAMIC, HARDWOOD, MIXED, PINE
  • Other RoomsUTILITY ROOM
  • Unit 1 Baths1
  • Unit 1 Bedrooms2
  • Unit 2 Baths1
  • Unit 2 Bedrooms2
  • Unit 3 Baths1
  • Unit 3 Bedrooms1
  • Unit 4 Baths1
  • Unit 4 Bedrooms1
  • Unit 5 Baths1
  • Unit 5 Bedrooms2

Building

  • AtticSTAND UP, WALK UP
  • BasementPARTIAL, SLAB, INTERIOR ACCESS
  • ConstructionPOST AND BEAM
  • Garage Capacity
  • Garage Parking ExtrasLOT-PAVED, OFF STREET
  • Garage TypeNone
  • Other BuildingsSHED
  • RoofFBRGL SHNGI
  • SidingVINYL
  • Unit 1 Rent1675
  • Unit 1 SqFt1100

Utilities

  • Heat SourceBASEBOARD, RADIATORS
  • Heating FuelOIL
  • Hot WaterELECTRIC

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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