9 N Front Street
$1,150,000

9 N Front Street

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!

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Location

9 N Front Street, New Paltz, NY 12561

Status

Sold
Yameil Nunez

Yameil Nunez

TITLE

Associate Broker

LICENSE

10301221991

Property Amenities

Area & Lot
MLS® ID H6206573
Year Built 1960
School District New Paltz
Type Commercial
Status Sold
Exterior
Air conditioning None
Heat type Oil, Baseboard
Water Source Public
Sewer Public Sewer
Finance
Sales Price $1,150,000
Real Estate Tax $15,081 yearly

Ulster County

Work with Megan

Megan is here to assist you through every step of the process and takes pride in being an expert in the field. I eagerly anticipate the opportunity to collaborate with you and facilitate the sale of one of your most significant assets. Contact me today!