For more information regarding the value of a property, please contact us for a free consultation.
9 N Front ST New Paltz, NY 12561
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with HomeSmart Homes & Estates