1. New York
  2. New Paltz
  3. 234 State Route 32 S
$389,000

234 State Route 32 S, New Paltz, NY 12561

  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1.2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
eXp Realty : 888-276-0630
MLS ID:
851293
  • General: First Floor Bedroom
  • Basement: Full
  • A/C: None
  • Heating: BaseboardElectric

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Duzine School

31 Sunset Ridge, New Paltz, NY, 12561

Grades KG-2

3.04 miles away

N

New Paltz Middle School

196 Main St, New Paltz, NY, 12561

Grades 6-8

2.03 miles away

N

New Paltz Senior High School

134 S Putt Corners Rd, New Paltz, NY, 12561

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.