BEDS14
BATHS
SQUARE FEET3,808
MLS#20265875
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNew Paltz Central
Property Description
Rare opportunity to acquire a high-quality fully leased New Paltz college rental property in close proximity to the SUNY New Paltz campus. The building was purpose-built as a two-unit college rental in 1994, delivering some of the most desirable college rental housing in town. The building has consistently been fully leased throughout current ownership, with students from the SUNY sports teams consistently renewing their leases. Each unit has seven spacious bedrooms, two full bathrooms, in-unit laundry, two common areas, and plenty of on-site parking. Tenants pay all utilities and both units are leased through July 31, 2027. Current rents of 775 and 795 per bedroom are somewhat below market, promising future revenue growth. Full financials available upon request.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.30 Acres
Taxes: $26,680
Year Built: 1994
Feature Descriptions
Days on Site: 5
Parcel #: 86.34-5-6
SQFT Total: 3808
Units: 2
Local Schools
School District: New Paltz Central
Listed By / Shown By
Listing By
Agency Name: New Paltz Properties
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 5,244.01 per month $2,670.68 Principal & Interest $2,223.33 Property Tax $350.00 Homeowner's InsuranceChange Payment Information
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2-4 Slate Street | MLS# 20265875
This multi-family property located at 2-4 Slate Street, New Paltz, NY 12561 is currently listed for sale with an asking price of $1,200,000. 2-4 Slate Street is located within the New Paltz Central school district. Search New Paltz real estate on www.coldwellbankerchoice.com today.