NEW PALTZ NY - ID: 20194008
On the Market
Ulster:20194008_1
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  • Price: $865,000
  • Bedrooms: 11
  • Bathrooms: 7.5 (full)
  • Sq. Feet: 0
  • Garage: 2 86.8
  • Acreage: 4.67
  • Year Built: 1888
  • School District: NEW PALTZ
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: 20

Description: Extraordinary Opportunity! 1888 Victorian Mansion on 4+ acres with pond comprising Six-Unit Commercial Rental Property. Much period charm: huge balustraded porch, incredible chestnut woodwork and mouldings, carved oak fireplaces, tile, original plaster ceiling rondels, brass hardware, original wood floors and pocket doors. All extremely private at end of dead-end road. Owner's quarters with 3 beds/2 baths occupy 2 floors preserving the more over-the-top original details. Then there is the substantial rental income from 5 other apartments. This is an extraordinary opportunity to own an historic income-producing property in the heart of the busy New Paltz rental market.
Main section/Owner's Apt. is easy to show. Please make offers contingent on seeing additional units and provide proof of funds/commercial mortgage prequal. Please note that rented apartments have been more systematically rehabbed over time than owner's unit. House layout can be difficult to understand but apartments can be reconfigured in many ways to suit needs of new owner. Owner happy to discuss possibilities.


FEATURES:
NUMBER OF UNITS: 6
SURVEY: Yes
ELEMENTARY SCHOOL: Duzine K-2
WATER: 0
ZONE: R-1
LOT DIMENSIONS: 4.67 Acres

Listing courtesy of: Stevens Realty Group / Listing Agent: Elizabeth Curtin
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