234 State Route 32 S

New Paltz, NY 12561 Directions
$389,000
  • 1.2Acres
  • 1900Built
  • DuzineElementary

Property Highlights

  • Mid. School: New Paltz Middle School
  • High School: New Paltz Senior High School
  • Days on Market: 170
  • MLS: 851293
  • Listing Pending

Property Highlights

  • Mid. School: New Paltz Middle School
  • High School: New Paltz Senior High School
  • Days on Market: 170
  • MLS: 851293
  • Listing Pending

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...

Property Highlights

  • Mid. School: New Paltz Middle School
  • High School: New Paltz Senior High School
  • Days on Market: 170
  • MLS: 851293
  • Listing Pending

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.

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.

Read MoreRead Less
  • Additional Information
    • Basement Description: Full
    • Days On Market: 170
    • Elementary School: Duzine
    • Elementary School District: New Paltz
    • High School: New Paltz Senior High School
    • Middle School: New Paltz Middle School
    • On Market Date: 2025-04-22
    • Sewer: Septic Tank
    • Tax Amount: $8,003
    • Type: Residential Income
    • Unit Count: 2
    • Utilities: Electricity Connected
    • Year Built: 1900
  • Interior/Exterior Features
    • Construction Materials: Frame
    • Heat: Baseboard, Electric
Listing Courtesy of Jason Schobert of eXp Realty.
Click to view full screen