8 W Center Street, New Paltz, NY 12561

$579,000
8
BD
4
BA
3,104
SqFt
Sold Price
$579,000
Days on Market
124
Closing Date
Dec 30, 2021
MLS#
H6139740
Status
CLOSED
Property Type
Multi Family
Style
Colonial
Year Built
1890
Property Tax
$14,000
Neighborhood
New Paltz
School District
New Paltz
High School
New Paltz Senior High School
Jr. High
New Paltz Middle School
Elementary School
Call Listing Agent

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.

Additional Information

Bedrooms
8
Bathrooms
4
Full Baths
3
Half Baths
1
Square Footage
3,104
Parking
Detached, 1 Car Detached, Common, Off Street
Basement
Finished, Walk-Out Access
Heating
Electric, Oil, Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Rhona Bork (25inwood@gmail.com) from Listing Office: RMB & Associates.

Selling Office: RMB & Associates.

Information Copyright 2024, OneKey® MLS. All Rights Reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS.