38 Plattekill Ave

New Paltz, NY View Map $685,000 Schedule a Tour
Acres0.32
Year1900
Glenn Fitzgerald

Glenn Fitzgerald

(845) 393-0777

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Status: Active
Property Type:Multi-Unit
MLS #:20220746
On Site:93 Days
Lot Size:0.32 Acres
County:Ulster County
RARE AND EXCELLENT INVESTMENT OPPORTUNITY - to own one of the most recognizable houses in New Paltz. This beautiful brick traditional has unique architectural features inside and outside, arched entryways and original hardwood floors throughout. This house is an extremely sought out rental by SUNY New Paltz students as well as those who desire to live in walking distance to Main Street and SUNY. Located in the heart of the Village directly across the street from the New Paltz College campus and a block from Main Street shopping and restaurants and it even boasts a beautiful view of the Shawangunk Ridge and Mohonk Tower. This multifamily unit has a first floor 1 bedroom apartment which can easily accommodate 2-3 people. In this unit there is a full eat-in kitchen, living room, den, office, full bath, back deck, and side screened in porch. Look for the hidden gem- 100 year old wooden turned railing currently enclosed in the front hallway closet. The second unit is on the 2nd and 3rd floors with a separate entrance from unit 1. This unit consists of 6 separate leased bedrooms (2 rooms are big enough to accommodate double occupancy and increase rental income, currently are only rented as a singles). There is a full kitchen, dining area, and 2 full baths. House has a shared washer/dryer and utility sink in basement. Property also has a a detached garage (great for storage) and driveway parking for 6 cars. In the past year, this property has had a new roof, new water heater, and new sewer line installed, heating unit is 10 years old and recently serviced and confirmed by vendor to be in excellent condition. This is a great opportunity for an investor as it is already a profit making rental with potential to make more as all units are currently rented under market value - adjusting to market value will increase rental income considerably. This well maintained and cared for property has been consecutively rented with no vacancies for 40 years and owned by the same owner for 50 years. Pride in ownership can definitely be seen in this well maintained house. *Another great investment option for this house would be for owner to occupy one unit and rent the other. ***LOOK for the hidden gem on 1st floor- BEAUTIFUL 100 year old turned hardwood railing and staircase that once lead to the 2nd floor- currently is enclosed as a closet. Could easily be opened up & utilized again and give access to 2nd floor. So many great possibilities with this house.

Additional Information About 38 Plattekill Ave, New Paltz, NY


The property at 38 Plattekill Ave represents an excellent opportunity for homebuyers to own a home in Ulster County.

This -bedroom / -bathroom multi-unit for sale sits in the neighborhood of New Paltz in Ulster County. Its size is square feet, and it sits on a parcel of approximately 0.32 acres.

The current price is $685,000. 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 38 Plattekill 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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Community Information

Address:38 Plattekill Ave New Paltz, NY
Schools:Newplatz
Township:New Paltz

Architecture

Year Built:1900
Style:Colonial
Construction: Frame/Stick
Siding: Brick, Cedar
Unit 1: 1 Bed•1 Bath•1352 sq.ft.
Unit 2: 6 Beds•2 Baths•1687 sq.ft.
Roof: Asph Shingle
Basement: Full, Sump Pump, Concrete Floor
Garage: Garage Detached
Garage/Parking: 2 Car, Driveway
Garage Capacity: Two

Features / Amenities

Appliances: Dishwasher, Dryer, Energy Star Appliances, Range, Refrigerator, Washer
Kitchen: Eat-In
Floors: Carpet, Hardwood, Vinyl
Fireplace: Brick, Wood
Fireplace Location: Living Room
Other Rooms: Bedroom, Den, Utility Room, Workshop
Exterior Features: Outside Lighting, Storm Windows
Amenities: Common Laundry
Porch: Open
Cooling: Attic Fan, Window Unit
Heat Source: Radiators
Heating Fuel: Electric, Natural Gas
Hot Water: Gas

Property Features

Lot Size: 0.32 Acres
Lot Dimensions:13939sf
Lot Features: Corner Lot, Level
Lot/Site: Hamlet/Village
Views: Mountain
Water: Municipal
Sewer: Municipal
Electricity: 200 Amps, 60 Amps, Circuit Breakers
Driveway: Blacktop
Zoning:R2
Directions:Take Main Street to Plattekill Ave -follow Plattekill ave to College - Agent sign on property.

Tax and Financial Info

General Tax: $3,847
Village Tax: $1,214
School Tax: $7,550
Lease Type: One Year
Owner Pays: All Utilities
Tenant Pays: Rent Only
Monthly Income: $6,150
Annual Income: $73,800
Net Income: $46,169

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38 Plattekill Ave New Paltz, NY
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38 Plattekill Ave New Paltz, NY
 
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Listing Information Last Updated 7/1/2022
Listing provided courtesy of Keller Williams Realty Hv Nort.
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.