39 N Chestnut ST New Paltz, NY 12561
7 Beds
4 Baths
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1000543
Style Victorian
Bedrooms 7
Full Baths 4
Rental Info No
Year Built 1890
Annual Tax Amount $8,592
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Triplex
Source onekey2
Property Description
The property features a total of 3,273 square feet with three separate units. The first floor consists of a spacious 2-bedroom apartment with an additional flex room that generates $3,300/month. The second-floor unit is a 3-bedroom apartment with a monthly rental income of $2,625. The third-floor unit is a 4-bedroom apartment generating $3,000/month. Total monthly rental income is $8,925, equating to $107,100 annually.
Recent improvements include a new roof installed in 2025. Tenants are responsible for their own heat and electric, helping to minimize owner expenses.
The property offers off-street parking at the rear, along with a detached garage. Ideally situated less than a 10-minute walk to SUNY New Paltz Campus, minutes to the Village's shops, restaurants, and amenities, approximately one minute to the Rail Trail, and an 8-minute walk to the Trailways bus station.
A unique opportunity to own a character-filled 1890 brick Victorian multi-family property in one of the Hudson Valley's most sought-after locations.
Location
State NY
County Ulster County
Rooms
Basement Full, Unfinished, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Natural Woodwork
Heating Forced Air
Cooling None
Fireplace No
Exterior
Exterior Feature Courtyard
Parking Features Driveway, Garage, Parking Lot
Garage Spaces 1.0
Utilities Available Electricity Connected
Garage true
Private Pool No
Building
Lot Description Near Golf Course, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Duzine
Middle Schools New Paltz Middle School
High Schools New Paltz
School District New Paltz
Others
Senior Community No
Special Listing Condition None
