New Listing - 04/22/2025
234 State Route 32 S, New Paltz, NY, 12561
0 beds
1900
Duplex
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.
Status:
Active
Type:
Single-family residential
Units:
2
Heating:
Baseboard, Electric
Cooling:
None
Basement:
Full
Acreage:
1.2
Est. Taxes:
$8,004
Assessment
$200,300
Utilities
Electricity Connected
Elementary School:
Duzine
Middle School:
New Paltz Middle School
High School:
New Paltz Senior High School
School District:
New Paltz
Days on Market:
1
MLS #:
851293
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of eXp Realty Phone: 888-276-0630