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Listed price in listed location currency (USD).
$475,000

000

MLS® 851301

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $6,825
Lot Size 1.06 acres
Approx. Age 1900
MLS® Number 851301

Property Address: 236 State Route 32 S, New Paltz, NY, 12561-3914

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number851301
Laundry Level
Central VacNo
FireplaceNo
Acreage1.06
Exterior
GarageNo
Approx. Age1900
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Apr 22, 2025List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
236 State Route 32 S, New Paltz, NY

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