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38 Plattekill Avenue

New Paltz, NY 12561
  • $685,000
  • STATUS: ACTIVE
  • ON SITE: 58 Days
  • MLS #: 20220746
UPDATED: 225 min ago
$685,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:

Description

RARE AND EXCELLENT INVESTMENT OPPORTUNITY - to own one of the most recognizable houses in New Paltz. This beautiful brick traditional has unique architectural features inside and outside, arched entryways and original hardwood floors throughout. This house is an extremely sought out rental by SUNY New Paltz students as well as those who desire to live in walking distance to Main Street and SUNY. Located in the heart of the Village directly across the street from the New Paltz College campus and a block from Main Street shopping and restaurants and it even boasts a beautiful view of the Shawangunk Ridge and Mohonk Tower. This multifamily unit has a first floor 1 bedroom apartment which can easily accommodate 2-3 people. In this unit there is a full eat-in kitchen, living room, den, office, full bath, back deck, and side screened in porch. Look for the hidden gem- 100 year old wooden turned railing currently enclosed in the front hallway closet. The second unit is on the 2nd and 3rd floors with a separate entrance from unit 1. This unit consists of 6 separate leased bedrooms (2 rooms are big enough to accommodate double occupancy and increase rental income, currently are only rented as a singles). There is a full kitchen, dining area, and 2 full baths. House has a shared washer/dryer and utility sink in basement. Property also has a a detached garage (great for storage) and driveway parking for 6 cars. In the past year, this property has had a new roof, new water heater, and new sewer line installed, heating unit is 10 years old and recently serviced and confirmed by vendor to be in excellent condition. This is a great opportunity for an investor as it is already a profit making rental with potential to make more as all units are currently rented under market value - adjusting to market value will increase rental income considerably -current Rental Income: $6150 per month. This well maintained and cared for property has been consecutively rented with no vacancies for 40 years and owned by the same owner for 50 years. Pride in ownership can definitely be seen in this well maintained house. *Another great investment option for this house would be for owner to occupy one unit and rent the other. ***LOOK for the hidden gem on 1st floor- BEAUTIFUL 100 year old turned hardwood railing and staircase that once lead to the 2nd floor- currently is enclosed as a closet. Could easily be opened up & utilized again and give access to 2nd floor. So many great possibilities with this house.

Extras: additional info **Listing Agent is related to owner Please provide POF to Listing Agent prior to showing. Please make buyer aware of New Paltz Village Real Estate Transfer Tax, refer to Village page for all tax info on this. For this listing it works

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© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Coldwell Banker Village Green Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-05-29T00:18:27.103
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38 Plattekill Avenue New Paltz, NY 12561

  • Price: $685,000
  • Status: ACTIVE
  • On Site: 58 Days
  • Updated: 225 min ago
  • MLS #: 20220746
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1900
Built
Neighborhood:
New Paltz
County:
Ulster
Area:
New Paltz
School District:
Newplatz
Property Description
RARE AND EXCELLENT INVESTMENT OPPORTUNITY - to own one of the most recognizable houses in New Paltz. This beautiful brick traditional has unique architectural features inside and outside, arched entryways and original hardwood floors throughout. This house is an extremely sought out rental by SUNY New Paltz students as well as those who desire to live in walking distance to Main Street and SUNY. Located in the heart of the Village directly across the street from the New Paltz College campus and a block from Main Street shopping and restaurants and it even boasts a beautiful view of the Shawangunk Ridge and Mohonk Tower. This multifamily unit has a first floor 1 bedroom apartment which can easily accommodate 2-3 people. In this unit there is a full eat-in kitchen, living room, den, office, full bath, back deck, and side screened in porch. Look for the hidden gem- 100 year old wooden turned railing currently enclosed in the front hallway closet. The second unit is on the 2nd and 3rd floors with a separate entrance from unit 1. This unit consists of 6 separate leased bedrooms (2 rooms are big enough to accommodate double occupancy and increase rental income, currently are only rented as a singles). There is a full kitchen, dining area, and 2 full baths. House has a shared washer/dryer and utility sink in basement. Property also has a a detached garage (great for storage) and driveway parking for 6 cars. In the past year, this property has had a new roof, new water heater, and new sewer line installed, heating unit is 10 years old and recently serviced and confirmed by vendor to be in excellent condition. This is a great opportunity for an investor as it is already a profit making rental with potential to make more as all units are currently rented under market value - adjusting to market value will increase rental income considerably -current Rental Income: $6150 per month. This well maintained and cared for property has been consecutively rented with no vacancies for 40 years and owned by the same owner for 50 years. Pride in ownership can definitely be seen in this well maintained house. *Another great investment option for this house would be for owner to occupy one unit and rent the other. ***LOOK for the hidden gem on 1st floor- BEAUTIFUL 100 year old turned hardwood railing and staircase that once lead to the 2nd floor- currently is enclosed as a closet. Could easily be opened up & utilized again and give access to 2nd floor. So many great possibilities with this house.

Extras: additional info **Listing Agent is related to owner Please provide POF to Listing Agent prior to showing. Please make buyer aware of New Paltz Village Real Estate Transfer Tax, refer to Village page for all tax info on this. For this listing it works
Exterior Features

Construction Frame/Stick Driveway Blacktop Exterior Features Storm WindowsOutside Lighting Garage Parking Extras Driveway2 Car Garage Type Garage Detached Lot Features Corner LotLevel Porch Open Roof Asph Shingle Siding BrickCedar Views Mountain

Interior Features

Amenities Common Laundry Appliances DishwasherDryerRangeRefrigeratorWasherEnergy Star Appliances Basement Concrete FloorFullSump Pump Cooling Air Conditioning Attic FanWindow Unit Fireplace Description BrickWood Fireplace Location Living Room Floors CarpetHardwoodVinyl Heat Source Radiators Heating Fuel ElectricNatural Gas Hot Water Gas Kitchen Description Eat-In Other Rooms BedroomDenUtility RoomWorkshop

Property Features

Annual Income 73800 Annual Net 46169 Annual Taxes 11397 Assessed 327750 Electricity 200 AMPS60 AMPSCIRCUIT BREAKERS Flood Plain No Foreclosure YN No General Tax 3847 Lease Type One Year Listing Type Exclusive Agency Lot Dimensions 13939Sf Lot Site Hamlet/Village Monthly Income 6150 Other Income 0 Owner Pays All Utilities Owner Pays1 All Utilities School Tax 7550 Sewer Municipal Short Sale YN No Style Colonial Tenant Pays Rent Only Total Deposit 0 Total Taxes 12611 Type Multi-Unit Unit1 Baths 1 Unit1 Bedrooms 1 Unit1 Sq Ft 1352 Unit2 Baths 2 Unit2 Bedrooms 6 Unit2 Sq Ft 1687 Vil Tax 1214 Water Municipal

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20220746 provided courtesy of Susan Mattsen of Keller Williams Realty Hv Nort.
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Coldwell Banker Village Green Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-05-29T00:18:27.103
 
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Coldwell Banker Village Green Realty
397 Main Street
Catskill NY, 12414