New Paltz, NY 12561,9 N Front ST
$1,150,000
$1,300,000
11.5%
Est.Price: ?

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6,534 Sqft Lot

9 N Front ST New Paltz, NY 12561

Est. payment /mo
SOLD DATE : 03/15/2023

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Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYH6206573

Sold Date 03/15/23

Originating Board onekey2

Rental Info No

Year Built 1960

Annual Tax Amount $15,081

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Hot Investment Property in New Paltz Village. Immediately generate income, with this turnkey opportunity. Beautifully kept 6 unit building withfirst 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 updatedwith new roof, siding, boiler and windows less than 10 years ago. Each unit is unique with lots of character, and close to SUNY NEW PALTZmaking it very appealing and in high demand for occupancy. Private Parking lot towards the back of the property with more than enough spacefor occupants and guests. Don't let this opportunity pass you by. Please see attached income/expense sheet in associated docs for animmediate 7%Cap Rate. Close to amazing restaurants, unique shops, public transportation, schools, and NYState Thruway. Schedule yourshowing now! Additional Information: HeatingFuel:Oil Below Ground,

Location

State NY

County Ulster County

Interior

Heating Baseboard, Oil

Cooling None

Fireplace No

Appliance Oil Water Heater

Exterior

Parking Features Driveway, Off Street, Parking Lot

Building

Lot Description Corner Lot, Level

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

School District New Paltz

Others

Special Listing Condition None

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Listed by Berardi Realty
Bought with HomeSmart Homes & Estates

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Kadiatou Balde

Agent | License ID: 10401287620

+1(646) 726-7948

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