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28 Dug Road

New Paltz, NY 12561
  • $799,999
  • STATUS: ACTIVE
  • MLS #: 20212537
UPDATED: 201 min ago
$799,999
  • 0
    BEDS
  • 4.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

School District:

Description

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 youre looking for a solid investment opportunity in the red-hot rental market of New Paltz or youre 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 its 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.

Extras: Apartment square footage are approximate and info is as per UCIS. Agents to verify all information. UCIS has the property acreage at 3.9 acres, however the survey has it at 4.23 acres. Most of the rents are under market and can be raised. Please see curr

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© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-05-21T00:18:30.85
www.barbaracarterteam.com/homes/119050611
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28 Dug Road New Paltz, NY 12561

  • Price: $799,999
  • Status: ACTIVE
  • On Site: Days
  • Updated: 201 min ago
  • MLS #: 20212537
0
Beds
0
Baths
0
½ Baths
4.23
Acres
1970
Built
Neighborhood:
New Paltz
County:
Ulster
Area:
New Paltz
School District:
New Paltz Central
Property Description
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 youre looking for a solid investment opportunity in the red-hot rental market of New Paltz or youre 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 its 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.

Extras: Apartment square footage are approximate and info is as per UCIS. Agents to verify all information. UCIS has the property acreage at 3.9 acres, however the survey has it at 4.23 acres. Most of the rents are under market and can be raised. Please see curr
Exterior Features

Construction Post And Beam Driveway Blacktop Exterior Features Outside LightingPartial FencedPaved WalkwayStorm Windows Garage Parking Extras Lot-PavedOff Street Garage Type None Lot Features EasementLandscapedLevelParking LotPublic Rail TrailWater FrontageWetlandWooded Other Buildings Shed Roof Fbrgl Shngi Siding Vinyl Views MountainSeasonalWater Water Features Stream

Interior Features

Appliances RangeRefrigeratorWhole House Filter System Attic Stand UpWalk Up Basement Interior AccessPartialSlab Fireplace Description None Floors CarpetCeramicHardwoodMixedPine Heat Source BaseboardRadiators Heating Fuel Oil Hot Water Electric Interior Features Smoke DetectorCarbon Monixide Detector Kitchen Description Cabinets Wood Miscellaneous Features Ceiling-BeamedCeiling-CathedralCeiling-VaultedOther/See Remarks Other Rooms Utility Room Plumbing Mixed

Property Features

Annual Income 83924 Annual Net 50737 Assessed 465500 Flood Plain Yes General Tax 6648 Listing Type Exclusive Right Lot Dimensions 3.90 Lot Site Rural Monthly Income 7210 Other Income 0 Owner Pays Oil Owner Pays1 MaintenanceOilRepairsTrash School Tax 10724 Sewer Septic-Ingr. Style Barn Tenant Pays Electric Tenant Pays1 Electric Total Deposit 6170 Total Taxes 17539 Type Multi-Unit Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Rent 1675 Unit1 Sq Ft 1100 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Rent 1350 Unit2 Sq Ft 1080 Unit3 Baths 1 Unit3 Bedrooms 1 Unit3 Rent 1300 Unit3 Sq Ft 650 Unit4 Baths 1 Unit4 Bedrooms 1 Unit4 Rent 1250 Unit4 Sq Ft 625 Unit5 Baths 1 Unit5 Bedrooms 2 Unit5 Rent 1635 Unit5 Sq Ft 1000 Water Drilled Well

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20212537 provided courtesy of Brian Cafferty of Halter Associates Realty.
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-05-21T00:18:30.85
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528