Address
8 W Center Street New Paltz, NY
Price
$ 695,000
Property Attributes
  • MLS#H6139740
  • TypeMulti-Family
  • CountyULSTER
  • CityNew Paltz
  • AreaNew Paltz
  • NeighborhoodNew Paltz Village
  • Zip12561
  • StyleColonial
  • Year Built1890
  • Taxes$ 14000
  • Price$ 695,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3104
Listing Provided Courtesy Of:
Rhona Bork with RMB & Associates
Data Source:
Hudson Gateway MLS (HGMLS) - 1 - NY
Property Description

Money Maker in New Paltz! Sought after prime location for student housing in the Village of New Paltz right between campus and Main Street. This property on three levels is 100% occupied, continuing a long history as a popular student rental. This property features two separate units rented annually to SUNY New Paltz students; one is a 3-bedroom 1.5 bath, and the other is a 5-bedroom 2 bath. Garage is also rented. The house sits at the end of a cul-de-sac offering plenty of off-street parking. Students love the generously sized bedrooms, comfortable layout, and spacious common areas. Utilities, which are separated by unit, are currently paid by landlord. Minutes from restaurants and shopping on Main Street. Close to scenic parks and outdoor activities. Very close to the Trailways bus terminal that services commuters from Albany to New York City. This multifamily property is a unique find offering a strong NOI. Can be professionally managed through perch'n. More info at ppxinvest.

Elementary School Middle School High School
Call Listing Agent Elementary School New Paltz Middle School New Paltz Senior High School
Price History
8/28/2021 Listed $750,000
10/11/2021 4% - $725,000
11/1/2021 5% - $695,000

General Features

Architectural Style Colonial
Building Area Units Square Feet
Community Features Park
Construction Materials Frame, Cedar, Shake Siding
Cooling None
Elementary School Call Listing Agent
Elementary School District New Paltz
Flooring Hardwood
Garage Spaces 1.00
Garage Y/N Yes
Heating Electric, Oil, Baseboard
High School New Paltz Senior High School
High School District New Paltz
Hot Water Electric Stand Alone, Fuel Oil Stand Alone
Middle/Junior High School New Paltz Middle School
Middle/Junior School District New Paltz
Other Structures Outbuilding
Patio/Porch Features Porch
Property SubType Multi Family
Property Type Residential Income
Sewer Public Sewer
Tax Annual Amount 14000.00
Total Units 2
Village New Paltz Village

Exterior Features

Fencing Fenced
Lot Features Level, Near Public Transit, Cul-De-Sec
Number of Separate Electric Meters 2
Parking Features Detached, 1 Car Detached, Common, Off Street
Road Responsibility Public Maintained Road
Total Parking 8.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 12561

Price
AVG $700K
$700K
Taxes
AVG $14,000
$14,000
Visits
AVG 24
23
Year Built
AVG 1929
1890
Walkscore
AVG 70
66
Data Provided by Walkscore ® not using MLS data
Fair Housing Icon NY Fair Housing Notice