NEW PALTZ NY - ID: 20205257
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Ulster:20205257_1
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  • Price: $825,000
  • Bedrooms: 11
  • Bathrooms: 7.5 (full)
  • Sq. Feet: 8,200
  • Garage: 2 Garage Detached
  • Acreage: 4.67
  • Year Built: 1888
  • School District: NEW PALTZ
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: Multi-Unit

Description: Looking for that perfect Life/Work Balance? 1888 Victorian mansion, zoned for business, but divided into apartments in the 1940s, offers unique possibilities. Situated at the end of a dead-end road in New Paltz, the property offers privacy and tranquility on nearly five acres, including a pond. Yet it is three blocks from the restaurants and amenities of Main Street. Owners apartment features fine period details in gorgeous woodwork and three fireplaces. Five additional apartments provide income, or space to expand to suit your needs. A truly unusual property due to its beauty, privacy, centrality, and income potential.
Please note that this property requires a Commercial Mortgage due to the number of units. Please provide proof of funds/commercial mortgage prequal. Main section/Owner's Apt. is easy to show. There are five additional apartments, which can be shown only with serious interest. 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
UNIT 1 -RENT: 2000
ZONE: R-1
LOT DIMENSIONS: 4.67 Acres
UNIT 2 -LEASE: Y
UNIT 2 -RENT: 1000
UNIT 3 -RENT: 850
UNIT 4 -RENT: 675
UNIT 5 -RENT: 550
UNIT 6 -RENT: 1450
APPLIANCES: Dryer, Dishwasher, Exhaust Fan, Refrigerator, Range, Washer
ELECTRICITY: Circuit Breakers
LOT FEATURES: Level, Private
LOT/SITE: Hamlet/Village
WATER: Drilled Well
KITCHEN DESCRIPTION: Country, Eat-In
SURVEY: Yes
ELEMENTARY SCHOOL: Duzine K-2

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