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9-11 N Front Street

New Paltz, NY 12561
  • $1,300,000
  • STATUS: ACTIVE
  • MLS #: 20221634
UPDATED: 84 min ago
$1,300,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Ratings & Info

School District:

Description

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 9 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 for appointments starting Monday 6/6/2022!

Extras: Landlord pays heat for all units, Tenants pays their own electric, EXCEPT for 2 units (NUMBER 23 and 5A) same meter. Please see attached income/expense sheet in associated docs.

Monthly Payment Calculator

© 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:2022-08-09T19:18:38.07
www.barbaracarterteam.com/homes/129417499
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9-11 N Front Street New Paltz, NY 12561

  • Price: $1,300,000
  • Status: ACTIVE
  • On Site: Days
  • Updated: 84 min ago
  • MLS #: 20221634
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1960
Built
Neighborhood:
New Paltz
County:
Ulster
Area:
New Paltz
School District:
New Paltz Central
Property Description
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 9 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 for appointments starting Monday 6/6/2022!

Extras: Landlord pays heat for all units, Tenants pays their own electric, EXCEPT for 2 units (NUMBER 23 and 5A) same meter. Please see attached income/expense sheet in associated docs.
Exterior Features

Garage Parking Extras Driveway Garage Type None Roof Asph Shingle

Interior Features

Appliances RangeRefrigerator Cooling Air Conditioning None Heat Source Baseboard Heating Fuel Oil

Property Features

Annual Income 135960 Annual Net 88960 Annual Taxes 13214 Assessed 380000 Flood Plain No General Tax 4460 Listing Type Exclusive Right Lot Dimensions .15Acres Monthly Income 11330 Other Income 0 Owner Pays Oil Owner Pays1 Oil School Tax 8754 Sewer Municipal Tenant Pays Electric Tenant Pays1 ElectricOther Total Deposit 0 Total Taxes 15081 Type Multi-Unit Vil Tax 1867 Water Municipal

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20221634 provided courtesy of Yameil Nunez of Berardi 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:2022-08-09T19:18:38.07
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528