Skip To Content

40 N Chestnut Street

New Paltz, NY 12561
  • $1,199,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: H6142814
UPDATED: 63 min ago
$1,199,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,200
    SQFT
  • $193
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Amazing Turnkey Investment Opportunity right in the heart of New Paltz Village! Solid 17 Unit, 4 bath rooming house Fully Occupied in High Demand. Many recent upgrades including New Roof, New Siding, Freshly paved blacktop parking lot with 11 parking spaces, New Propane Steam Furnace, New Electric Water Heaters, High Standard Triple Pane Windows for maximum insulation. New upgraded, High tech security cameras installed throughout, New Laundry Room with coin operated washer/dryer system for a little extra cash flow, Equipped with 2 wifi- business routers, new 10 year sealed battery smoke/carbon detectors, and new appliances in the kitchen. Structure protected by fire sprinkler system. Each unit is supplied a mini fridge, and is coax and ethernet cable wired. This is an immediate cash flow property, currently listed at a 7% CAP with an almost 9% projection. Income/Expense Sheet Gross Monthly income 12k-13k!!!

Monthly Payment Calculator



© 2021 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2021-11-27T08:16:32.76.
www.goldstarpremier.com/homes/121544097
Print Image

40 N Chestnut Street New Paltz, NY 12561

  • Price: $1,199,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 63 min ago
  • MLS #: H6142814
0
Beds
0
Baths
0
½ Baths
0.16
Acres
6,200
SQFT
$193
$/SQFT
1900
Built
Neighborhood:
New Paltz
County:
Ulster
Area:
New Paltz
Elementary School:
Duzine School
Middle School:
New Paltz Middle School
High School:
New Paltz Senior High School
School District:
New Paltz
Property Description
Amazing Turnkey Investment Opportunity right in the heart of New Paltz Village! Solid 17 Unit, 4 bath rooming house Fully Occupied in High Demand. Many recent upgrades including New Roof, New Siding, Freshly paved blacktop parking lot with 11 parking spaces, New Propane Steam Furnace, New Electric Water Heaters, High Standard Triple Pane Windows for maximum insulation. New upgraded, High tech security cameras installed throughout, New Laundry Room with coin operated washer/dryer system for a little extra cash flow, Equipped with 2 wifi- business routers, new 10 year sealed battery smoke/carbon detectors, and new appliances in the kitchen. Structure protected by fire sprinkler system. Each unit is supplied a mini fridge, and is coax and ethernet cable wired. This is an immediate cash flow property, currently listed at a 7% CAP with an almost 9% projection. Income/Expense Sheet Gross Monthly income 12k-13k!!!
Exterior Features

Construction Materials FrameVinyl Siding Garage YN No Lot Features LevelNear Public Transit Parking Features DrivewayParking LotOff Street Patio And Porch Features Porch

Interior Features

Basement Partial Cooling None Cooling YN No Heating PropaneHot Water

Property Features

Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 22214.00 Water Source Public

Listing courtesy of Yameil Nunez of Berardi Realty.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2021-11-27T08:16:32.76.
 
https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_2_H6142814-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_2_H6142814-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_2_H6142814-2.jpg
Logo
Goldstar Premier Properties
8630 108th St.
Richmond Hill NY, 11418