3 Ann Street, New Paltz NY 12561 (Off Market)

For Sale, USD 1,235,900
(Off Market)


3 Ann Street, New Paltz NY 12561,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 5,131 ft² / 477 m²

Land Size : N/A

Bedroom : 7

Bathroom : 4

Half Bathroom : 0

MLS#: N/A


Property Description

Exceptional opportunity in New Paltz, here you have a well maintained four-family investment property! It doesn't get better than this, with recent unit renovations and property upgrades (including a new roof and boiler), you have a turnkey asset with immediate rent upside! Gross annual income is $102k with significant upside to go higher! Property is being listed for sale at a 6.4% Cap Rate!! Near the Village of New Paltz, one unit is furnished and there is washer/dryer onsite, these are included in the sale. Tenants are long term; one lease is expiring so there is opportunity to owner occupy one unit or have it rented out at premium market rent! Because the property is Four units this qualifies for purchase as a residential mortgage, this means lower down payment options exist for potential buyers!! If you are looking for a solid investment, with strong cashflow, in a high demand area, at a good price, then this is the premier investment opportunity you have been waiting for!
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3 Ann Street, New Paltz NY 12561, United States,New York,New Paltz is a 5,131ft² New Paltz luxury Multi-Family Home listed for sale USD 1,235,900. This high end New Paltz Multi-Family Home is comprised of 7 bedrooms and 4 baths. Find more luxury properties in New Paltz or search for luxury properties for sale in New Paltz.