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230 State Route 32

New Paltz, NY 12561

$775,000 $3,267/Mo

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Overview

Bed

Bath

2.90

Acres(Lot)

Description

An equally compelling opportunity for either an owner-occupant or investor seeking a newer, efficient property with much of the heavy infrastructure already addressed. This THREE-FAMILY offers a rare combination of low-maintenance infrastructure, energy efficiency, and consistently strong rental demand. Built new in 2020, the property has also seen major system upgrades including a new septic system (2020), new well (2022), water treatment/filtration systems, and a resurfaced driveway (2026). The building includes three well-planned apartments: a 2-bed, 1-bath 1st floor unit, a 1-bed, 1-bath 2nd floor unit with private deck, and a 3-bed, 2.5 bath unit occupied by the same excellent tenants for the past six years. All three apartments include in-unit washers/dryers, dishwashers, and effici ent Mitsubishi mini-split systems providing both heat and A/C. Units 1 + 2 also feature HP HWHs, helping keep utility costs modest for tenants. Designed with both livability and practicality in mind, the apartments appeal equally to professionals, students, and long-term renters. Outdoor space, ample parking, and a setting slightly removed from the road contribute to the property’s quiet, easy feel, while proximity to the Village of New Paltz, SUNY NP, the rail trail, NYS Thruway, Rosendale, Kingston, and the Gunks continues to support strong occupancy and very low vacancy history. This is a solid investment from every point of view.

Property Details

Property Type : Residential Income

Price : $775,000

AD Id : 85120184

MLS Id : 1013313

Beds : 6

Lot Size : 2.90 Acres

Year Built : 2020

County : Ulster

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 5 Full Baths: 5

Room Information

Basement: Crawl Space
Interior Features

Breakfast Bar, Open Floorplan
Heating & Cooling

Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Ductless

Building Information

Year Built: 2020 Construction Materials: Frame, Vinyl Siding Private Pool: No

Lot Information

Lot Size Acres: 2.9 Lot Size Square Feet: 126324

Listing Price Information

Listing Price: $775000

Tax Information

Parcel Number: 3889-078.020-0003-008.000-0000 Annual Tax: $18224.59

Parking Information

Driveway, Off Street

School Information

Elementary School: Duzine

Junior High School: New Paltz Middle School

Senior High School: New Paltz Senior High School
Utility Information

Cable Connected, Electricity Connected
Location Information

Direction: From the intersection of Main Street and N. Chestnut Street (also NY-32N) go north on N. Chestnut Street and continue for 1.4 mi. Turn right into driveway for #230. U-Shaped driveway. WaterSource: Private, Well

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