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$380,540

  • Sold
  • Closed
  • Multi-Family
  • Updated 13 days ago
See This Home
Save This Home
See This Home
Save This Home
Turn-Key Investment Opportunity in New Paltz! Fully occupied and income-producing, this well-maintained 2-family property is a prime addition to any investor's portfolio. Located in the heart of New Paltz with low taxes, this property features two spacious 2-bedroom, 1-bath units, each offering 1,138 sq ft of comfortable living space. Both units are occupied by long-term tenants - one for 7 years - currently generating 1,650 and 1,400/month, with tenants responsible for all utilities. That's 3,050/month in rental income with room to grow, as current rents are below market value - comparable 2-bedroom rentals in the area are averaging around 2,000/month. Additionally, the property includes a concrete block shed, offering further income potential through storage rental or other creative uses.

Full Property Details for 234 State Route 32 S

General

  • Sold For: $380,540
  • Taxes: $8,003
  • Status: Closed
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 851293
  • Added to Site: 347 day(s) ago

Interior

  • Interior Features: First Floor Bedroom

Location

  • County: Ulster County
  • Driving Directions: Turn on to 32 South from New Paltz. Property is a few miles past college on your left.

School Information

  • High School District: New Paltz
  • Elementary School: Duzine
  • Middle School: New Paltz Middle School
  • High School: New Paltz Senior High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Electricity Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Full Basement
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 1.2
  • Lot Size (Sq. Ft.): 52,272

Financial Considerations

  • Tax Amount: $8,003.6

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3889-094.002-0004-009.000-0000

Listed by eXp Realty
Sold by eXp Realty

Listing agent

— 234 State Route 32 S —

  • eXp Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 234 State Route 32 S

School District:New Paltz Central School District
NameGradesDistance
Lenape Elementary School
1 Eugene L Brown Drive, New Paltz, NY 12561
3-50.6 mi
Duzine School
31 Sunset Ridge, New Paltz, NY 12561
K-23 mi
New Paltz Middle School
196 Main Street, New Paltz, NY 12561
6-82.1 mi
New Paltz Senior High School
134 South Putt Corners Road, New Paltz, NY 12561
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 234 State Route 32 S

Date
Details
Price
Change
Source
2/27/2026
Sold
$380,540
-2.17%
MLS
4/22/2025
Listed
$389,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by eXp Realty
Sold by eXp Realty

234 State Route 32 S, New Paltz, NY 12561 (MLS# 851293) is a Multi-Family property that was sold at $380,540 on February 27, 2026. Want to learn more about 234 State Route 32 S? Do you have questions about finding other Multi-Family real estate for sale in New Paltz? You can browse all New Paltz real estate or contact a Coldwell Banker agent to request more information.