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Listed by Yameil Nunez, Berardi Realty
Hot Investment Property in New Paltz Village. Immediately generate income, with this turnkey opportunity. Beautifully kept 6 unit building with first floor store front and 5 residential units with a total of 12 bedrooms and 5 1/2 bathrooms in much sought-after location. Building was updated with new roof, siding, boiler and windows less than 10 years ago. Each unit is unique with lots of character, and close to SUNY NEW PALTZ making it very appealing and in high demand for occupancy. Private Parking lot towards the back of the property with more than enough space for occupants and guests. Don't let this opportunity pass you by. Please see attached income/expense sheet in associated docs for an immediate 7%Cap Rate. Close to amazing restaurants, unique shops, public transportation, schools, and NYState Thruway. Schedule your showing now!

More Info

Basic Information

  • Acreage0.15
  • List Price$1,300,000
  • MLS Number20221634
  • MlsStatusACTIVE
  • Property TypeMulti-Unit
  • SewerMUNICIPAL
  • Units6
  • Year Built1960

Amenities

  • Other AmenitiesBasement, Fireplace

Other

  • AppliancesRANGE, REFRIGERATOR
  • Lot4
  • Lot Dimensions.15acres
  • View Count29

Location

  • Address9-11 N Front Street
  • Area TownNEW PALTZ
  • Building Number9-11
  • High School DistrictNew Paltz Central
  • StateNY
  • StreetFront
  • TownNew Paltz
  • ZoneB2 /Com 1/ 483

Water Body

  • Lfd WaterMUNICIPAL

Building

  • Garage Capacity
  • Garage Parking ExtrasDRIVEWAY
  • Garage TypeNone
  • RoofASPH SHINGLE

Utilities

  • Cooling Air ConditioningNONE
  • Heat SourceBASEBOARD
  • Heating FuelOIL

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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