NY > New Paltz
New Paltz, NY 12561,236 State Route 32
New Paltz, NY 12561,236 State Route 32
New Paltz, NY 12561,236 State Route 32
New Paltz, NY 12561,236 State Route 32
New Paltz, NY 12561,236 State Route 32
New Paltz, NY 12561,236 State Route 32
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Diana H. Murphy

Diana H. Murphy

+1(914) 760-5533
$ 475,000
Est. payment | /mo

1.06 Acres Lot

Save
$ 475,000
Est. payment | /mo
Save

1.06 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY851301

Style Colonial

Originating Board onekey2

Rental Info No

Year Built 1900

Annual Tax Amount $6,824

Lot Size 1.060 Acres

Acres 1.06

Property Sub-Type Triplex

Property Description

Excellent Investment Opportunity - Fully Occupied 3-Family with Expansion Potential This income-generating 3-family property is fully occupied and currently bringing in 4,350 per month, with tenants responsible for all utilities. The building features two 1-bedroom units and one 2-bedroom unit, with an unfinished 4th unit that offers excellent potential for added value. The entire floor is included in the tax-recorded square footage and can be reconverted into a legal unit with the proper permits—unlocking even more income potential. Highlights include a durable metal roof, ample off-street parking with space for more vehicles than needed, and a solid rental history. While the exterior could benefit from some TLC, the property offers strong bones and immediate cash flow. The current rent roll is below market, leaving room for future rent increases and higher returns.

Location

State NY

County Ulster County

Rooms

Basement Full

Interior

Interior Features Other

Heating Baseboard, Electric, Other

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
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+1(914) 760-5533

diana@thenyrealtor.com

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236 State Route 32