$1,050,000
$1,199,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 03/08/2022
Key Details
Sold Price $1,050,000
Property Type Other Types
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6142814
Sold Date 03/08/22
HOA Y/N No
Rental Info No
Year Built 1900
Annual Tax Amount $22,214
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Source onekey2
Property Description
Amazing Turnkey Investment Opportunity right in the heart of New Paltz Village! Solid 17 Unit, 4 bath rooming house Fully Occupied in High Demand. Many recent upgrades including New Roof, New Siding, Freshly paved blacktop parking lot with 11 parking spaces, New Propane Steam Furnace, New Electric Water Heaters, High Standard Triple Pane Windows for maximum insulation. New upgraded, High tech security cameras installed throughout, New Laundry Room with coin operated washer/dryer system for a little extra cash flow, Equipped with 2 wifi- business routers, new 10 year sealed battery smoke/carbon detectors, and new appliances in the kitchen. Structure protected by fire sprinkler system. Each unit is supplied a mini fridge, and is coax and ethernet cable wired. This is an immediate cash flow property, currently listed at a 7% CAP with an almost 9% projection. Income/Expense Sheet Gross Monthly income 12k-13k!!!
Location
State NY
County Ulster County
Rooms
Basement Partial
Interior
Heating Propane
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Driveway, Off Street, Parking Lot
Utilities Available Trash Collection Private
Total Parking Spaces 11
Building
Lot Description Level, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Duzine
Middle Schools New Paltz Middle School
High Schools New Paltz
School District New Paltz
Others
Special Listing Condition None
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Bought with BHHS Hudson Valley Properties
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Broker | License ID: 10491211077
515 Madison Ave 8th Floor # 8094, York, NY, 10022, United States