REDUCED
  • MLS® #: 20201972
  • 3 Ann Street
  • New Paltz, NY 12561
  • $799,000
  • 1.59 Acres
  • Multi-Family
  • Agent: Carol Spirig
  • Office: Murphy Realty Group

AAA prime Hudson Valley property just minutes from the heart of New Paltz. 4 incredibly charming apartments with hardwood floors, updated kitchen and baths. Fairly new windows and large oil fueled industrial size HWH. Good long term tenants want to stay. There is never a vacancy here. This unique compound is a hidden gem on 1.5 acres. Large lawn and organic garden area. Spacious gravel drive with ample parking. A superb investment opportunity offering a 8% cap rate. 5 electric meters. 2 units have electric heat and 2 have oil FHA. 4 stoves, refrigerators, washers and dryers. Owner pays oil heat for 2 units and cooking propane for all. This location is an easy commute to NYC via Trailways offering non-stop service. Superb investment or reside with income toward the mortgage. Some apartments are below market value. Leases are month to month.

Essential Information

  • MLS® #20201972
  • Price$799,000
  • Acres1.59
  • Year Built1960
  • TypeMulti-Family
  • Sub-Type4 Family
  • StyleFARM HOUSE
  • StatusACTIVE

Community Information

  • Address3 Ann Street
  • AreaNEW PALTZ
  • CityNew Paltz
  • StateNY
  • Zip Code12561

Amenities

  • AmenitiesGARDEN AREA
  • ParkingDRIVEWAY
  • GaragesNone

Interior

  • HeatingBASEBOARD, FORCED AIR
  • CoolingNONE
  • Has BasementYes
  • BasementPARTIAL, SLAB
  • FireplaceYes
  • FireplacesBRICK

Appliances

DRYER, RANGE, REFRIGERATOR, WASHER

Exterior

  • Lot DescriptionLEVEL
  • RoofASPH SHINGLE
  • ConstructionFRAME/STICK

School Information

  • DistrictNEW PALTZ

Additional Information

  • Date ListedJune 19th, 2020
  • Days on Market96
  • ZoningRes
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