Link Copied
Listed price in listed location currency (USD).
$492,900
$495,000

000

MLS® 851288

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $6,985
Lot Size 2.1 acres
Approx. Age 1900
MLS® Number 851288

Property Address: 232 State Route 32 S, New Paltz, NY, 12561-3932

Average square foot calculated using Size range provided by listing agent.

Description

Rare Investment Opportunity in New Paltz - Turnkey 3-1800 square Family Property! Don't miss this chance to own a fully operational, income-generating 3-family property in the heart of New Paltz on 2.1 acres. Each of the three spacious units features 1 bedroom, offering comfortable living and strong rental appeal.Current Rent Roll: 1300 (long term tenant). 1400, 1750 (new tenant) Totaling 4, 450/month Two of the three units are currently rented below market value, with 1-bedroom units in the area easily renting for around 1, 800. That means there's room to increase your monthly income to approximately 5, 400/month. Tenants pay all utilities, including heat and electricity, making this an ideal low-expense investment. Recent upgrades include: Newer roof, Updated flooring, Renovated bathrooms, Durable plastic septic system Located just off Route 32 South with a shared driveway, the property also has frontage on Brookside Road—offering potential to add a second private entrance. A multi-bay shed is included on the property, featuring three small bays and one larger bay—perfect for storage or renting out for additional income.
MLS® Number851288
Laundry Level
Central VacNo
FireplaceNo
Acreage2.1
Exterior
GarageNo
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Oct 15, 2025End Date
$492,900Sold Price

Sold

Apr 22, 2025List Date
$495,000List Price
  • Commute

Commute

Starting Address
Destination Address
232 State Route 32 S, New Paltz, NY

Similar Listings

Comparable Properties