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9 N Front Street
$1,150,000

9 N Front Street

4,399 Sq.Ft.

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,

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Location

9 N Front Street, New Paltz, NY 12561

Status

Sold
Yameil Nunez

Yameil Nunez

TITLE

Associate Broker

Property Amenities

Interior
Appliances Oil Water Heater
Area & Lot
Lot Area 6,534 Sq.Ft.
Living area 4,399 Sq.Ft.
MLS® ID H6206573
Year Built 1960
School District New Paltz
Type Commercial
Status Sold
Exterior
Stories 2
Air conditioning None
Heat type Baseboard, Oil
Water Source Public
Sewer Public Sewer
Parking Driveway, Off Street, Parking Lot
Lot Features Corner Lot, Level
Finance
Sales Price $1,150,000
Real Estate Tax $15,081 yearly

Ulster County

Work With Us

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