NY
Ulster
New Paltz
12561
236 State Route 32 S
236 State Route 32 S, New Paltz, NY 12561
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Listing Type
Multi Family
Listing Status
active
11
$475,000

Home Details for 236 State Route 32 S

Price
$475,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1900
Lot size acres
1.06
County
Ulster
Garage
Basement
Full
Days on site
154
MLS Listing#
851301
Property Description

Excellent Investment Opportunity - Fully Occupied 3-Family with Expansion Potential This income-generating 3-family property is fully occupied and currently bringing in 4,350 per month, with tenants responsible for all utilities. The building features two 1-bedroom units and one 2-bedroom unit, with an unfinished 4th unit that offers excellent potential for added value. The entire floor is included in the tax-recorded square footage and can be reconverted into a legal unit with the proper permits—unlocking even more income potential. Highlights include a durable metal roof, ample off-street parking with space for more vehicles than needed, and a solid rental history. While the exterior could benefit from some TLC, the property offers strong bones and immediate cash flow. The current rent roll is below market, leaving room for future rent increases and higher returns.

Property Features
  • Heating Information
    • Baseboard
    • Electric
    • Other
  • Water Features
    • Private
    • Well
  • Cooling Information
    • None
  • House Interior
    • Other
  • Utilities
    • Electricity Connected
  • Basement
    • Full
School Information
School Information for 236 State Route 32 S, New Paltz, NY 12561
Elementary School
Duzine
Middle School
New Paltz Middle School
High School
New Paltz Senior High School
Listing Courtesy: eXp Realty - 888-276-0630
Presented by: Jason W. Schobert
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY CONNECTIONS
2790 W. Main St., Wappingers Falls, NY 12590
Office
845 298 6034
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