9-11 N Front St

New Paltz, NY View Map $1,300,000 Schedule a Tour
Acres0.15
Year1960
Glenn Fitzgerald

Glenn Fitzgerald

(845) 443-7776

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Status: Pending - Fully Executed Contract
Property Type:Multi-Unit
MLS #:20221634
On Site:191 Days
Lot Size:0.15 Acres
County:Ulster County
Hot Investment Property in New Paltz Village. Immediately generate income, with this turnkey opportunity. Beautifully kept 6 unit building with first floor store front and 5 residential units with a total of 12 bedrooms and 5 1/2 bathrooms in much sought-after location. Building was updated with new roof, siding, boiler and windows less than 10 years ago. Each unit is unique with lots of character, and close to SUNY NEW PALTZ making it very appealing and in high demand for occupancy. Private Parking lot towards the back of the property with more than enough space for occupants and guests. Don't let this opportunity pass you by. Please see attached income/expense sheet in associated docs for an immediate 7%Cap Rate. Close to amazing restaurants, unique shops, public transportation, schools, and NYState Thruway. Schedule your showing now!

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Additional Information About 9-11 N Front St, New Paltz, NY


The property at 9-11 N Front St 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 0.15 acres.

The current price is $1,300,000. 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 9-11 N Front St 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.

Community Information

Address:9-11 N Front St New Paltz, NY
Schools:New Paltz Central
Township:New Paltz

Architecture

Year Built:1960
Roof: Asph Shingle
Garage/Parking: Driveway

Features / Amenities

Appliances: Range, Refrigerator
Heat Source: Baseboard
Heating Fuel: Oil

Property Features

Lot Size: 0.15 Acres
Lot Dimensions:.15acres
Water: Municipal
Sewer: Municipal
Zoning:B2 /Com 1/ 483
Directions:From 299 towards Main Street in the Village of New Paltz, make a right on N Front St. 9-11 is on your left

Tax and Financial Info

General Tax: $4,460
Village Tax: $1,867
School Tax: $8,754
Owner Pays: Oil
Tenant Pays: Electric
Monthly Income: $11,330
Annual Income: $135,960
Net Income: $88,960

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9-11 N Front St New Paltz, NY
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9-11 N Front St New Paltz, NY
 
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Listing Information Last Updated 12/9/2022
Listing provided courtesy of Berardi Realty.
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.