3 Ann ST New Paltz, NY 12561
7 Beds
4 Baths
1.59 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 1016819
Style Other
Bedrooms 7
Full Baths 4
Rental Info No
Year Built 1960
Annual Tax Amount $14,195
Lot Size 1.590 Acres
Acres 1.59
Property Sub-Type Quadruplex
Source onekey2
Property Description
Welcome to 3 Ann Street, New Paltz, NY — a rare opportunity to own a four-unit property in one of the Hudson Valley's most desirable and consistently high-demand rental markets.
Offered at an exceptional price point for New Paltz, this property presents a unique opportunity for investors, owner-occupants, and house hackers to acquire a multifamily asset with immediate upside potential. The current pricing reflects one unfinished apartment renovation, creating an opportunity for the next owner to add value and build equity from day one. To further support the completion of the project, all renovation materials and supplies currently on-site will be included in the sale. The seller simply did not have the opportunity to complete the work.
The property consists of three spacious 2-bedroom apartments and one 1-bedroom apartment, offering attractive layouts and strong rental appeal. Three of the four units are currently vacant by design, providing maximum flexibility for the next owner to establish market rents, select tenants, or occupy a unit while generating income from the others. The current owner intentionally chose not to fill the vacancies in order to provide the broadest range of opportunities for future ownership.
Recent capital improvements include a new roof and a new oil tank, helping reduce future maintenance concerns and capital expenditures.
Ideally located just minutes from SUNY New Paltz, the Village of New Paltz, restaurants, shopping, outdoor recreation, and major commuter routes, the property benefits from strong rental demand and limited multifamily inventory in one of the Hudson Valley's most sought-after communities.
Whether you're seeking cash flow, long-term appreciation, portfolio expansion, or the opportunity to live in one unit while the remaining apartments help offset your housing expenses, 3 Ann Street offers exceptional flexibility and value.
Please note that the listing photos represent only a portion of what this property has to offer and do not include complete photography of all four apartments. To fully appreciate the size, layout, condition, and potential of each unit, an in-person tour is highly recommended.
Properties offering this combination of location, income potential, vacancy flexibility, recent improvements, built-in upside, and attractive pricing rarely become available in New Paltz. Don't miss this opportunity to secure a multifamily investment in one of the Hudson Valley's strongest rental markets.
Location
State NY
County Ulster County
Rooms
Basement Full, Unfinished
Interior
Interior Features Original Details, Other, Washer/Dryer Hookup
Heating Baseboard, Oil, Other
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Cable Available, Electricity Available, Trash Collection Private, Water Available
Garage false
Building
Sewer Septic Tank
Water Well
Structure Type Frame
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
