Beds7
Baths3
Sq.Ft.2,200
Year1991
Glenn Fitzgerald
(845) 393-0777
Status:
Pending - Fully Executed Contract
Property Type:Single Family
MLS #:20220209
Sq. Feet:2,200
On Site:154 Days
Lot Size:0.21 Acres
County:Ulster County
Prime seven-bedroom college rental property on a great lot on the corner of Elting Avenue and Southside Avenue, immediately adjacent to campus. The entire building has been occupied by members of a SUNY sorority for 30 consecutive years, so no leasing risk or hassle. Two of the bedrooms are large enough for legal double occupancy, one of which has double occupancy now. Built in 1991, the building is newer than the vast majority of local housing stock, with a new roof in 2016 and a new hot water heater as well. Owners would prefer to sell this building in conjunction with one other college rental property (26 Tricor Avenue, with 8 bedrooms) but are open to selling the properties individually as well. A new lease is being signed at $6,000/mo through May 2023, delivering a 7.4% cap rate. Combined cap rate for both buildings of 7.2%. Financials available upon request.
Additional Information About 64 Elting Ave, New Paltz, NY
The property at 64 Elting Ave represents an excellent opportunity for homebuyers to own a home in Ulster County.
This 7-bedroom / 3-bathroom single family for sale sits in the neighborhood of New Paltz in Ulster County. Its size is 2200 square feet, and it sits on a parcel of approximately 0.21 acres.
The current price is $659,000. Our experienced agents can help you determine whether that is a fair asking price for the property. What's more, we'll help you strategize and submit a smart offer that will get accepted based on current market conditions.
If you'd like to see this residence in person, please call the Ulster County Homes Team at 845-393-0777 today. Our Ulster County real estate agents will gladly arrange a private tour.
If you are looking to sell a home near 64 Elting Ave or anywhere in New Paltz, our Realtors® can provide up-to-date New Paltz real estate market information and local insights to help you price your home appropriately. From there, we will go to work to aggressively market your home to prospective buyers.
Mortgage Calculator
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 4/2/2022 | $639,000 | $659,000 | 3.1% |
Community Information
Address:64 Elting Ave New Paltz, NY 12561
Area:NEW PALTZ
County:Ulster County
City:New Paltz
Schools:New Paltz Central
Township:New Paltz
Zip Code:12561
Architecture
Bedrooms:
7
Bathrooms:
3
Year Built:1991
Features / Amenities
Heat Source: Baseboard
Heating Fuel: Oil
Hot Water: Coil
Rooms
| Level | |
| Bedroom 1 | 1 |
| Bedroom 2 | 1 |
| Bedroom 3 | 1 |
| Bedroom 4 | 1 |
| Living Room | 1 |
| Family Room | 0 |
| Dining Room | 1 |
| Kitchen | 1 |
| Den | 0 |
| Utility | 0 |
Property Features
Lot Size:
0.21 Acres
Lot Dimensions:0.21 acres
Water: Municipal
Sewer: Municipal
Zoning:R2
Directions:From Main Street take Route 208 South (South Chestnut) three blocks to Southside Avenue. Turn left on Southside, go one block to Elting Avenue. House is on the corner.
Tax and Financial Info
General Tax: $3,748
Village Tax: $1,568
School Tax: $7,355
Schools
Schedule a Tour
GO SEE THIS LISTING
64 Elting Ave New Paltz, NY 12561
ASAP
Sat
2
Jul
Sun
3
Jul
Mon
4
Jul
Tue
5
Jul
Wed
6
Jul
Thu
7
Jul
Fri
8
Jul
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer
Get Directions
Similar Listings
Similar Recently Sold
Listing Information Last Updated 7/1/2022
Listing provided courtesy of New Paltz Properties.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX
Brokerage firms other than Keller Williams Realty Hudson Valley North are marked with
the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes
the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for
any purpose other than to identify prospective properties consumers may be interested in purchasing.
The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
