ID # | 851293 |
Details | 2 fam, Lot Size: 1.2 acres, 2 Units in the building (DOM): 16 days |
Construction Year | 1900 |
Taxes (per year) | $8,004 |
Fuel Type | Electric |
Heat type | Electric |
Basement | Full basement |
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Turn-Key Investment Opportunity in New Paltz! Fully occupied and income-producing, this well-maintained 2-family property is a prime addition to any investor's portfolio. Located in the heart of New Paltz with low taxes, this property features two spacious 2-bedroom, 1-bath units, each offering 1,138 sq ft of comfortable living space. Both units are occupied by long-term tenants — one for 7 years — currently generating 1,650 and 1,400/month, with tenants responsible for all utilities. That's 3,050/month in rental income with room to grow, as current rents are below market value — comparable 2-bedroom rentals in the area are averaging around 2,000/month. Additionally, the property includes a concrete block shed, offering further income potential through storage rental or other creative uses. © 2025 OneKey™ MLS, LLC