64 Elting Ave

New Paltz, NY 12561 View Map $659,000 Schedule a Tour
Beds7
Baths3
Sq.Ft.2,200
Year1991
Glenn Fitzgerald

Glenn Fitzgerald

(845) 393-0777

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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.

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Price Change History

Date Old Price New Price Percent Change
4/2/2022$639,000$659,0003.1%

Community Information

Address:64 Elting Ave New Paltz, NY 12561
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 11
Bedroom 21
Bedroom 31
Bedroom 41
Living Room1
Family Room0
Dining Room1
Kitchen1
Den0
Utility0

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

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64 Elting Ave New Paltz, NY 12561
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64 Elting Ave New Paltz, NY 12561
 
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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.