11-13 Olev Lane, New Paltz, NY 12561

$525,000
8
BD
5
BA
4,181
SqFt
List Price
$525,000
MLS#
4933709
Status
ACTIVE
Subtype
Multi-Family 5+
Bedrooms
8
Bathrooms
5
Full-baths
5
Square Footage
4,181
Acres
53.5
Neighborhood
New Paltz

Property Description

Opportunity knocks. Two buildings, five units total, set on 53.5 acres. Building one is a 3 family: ground floor 1 bedroom apartment ($1,230./mo.) utilities included; second floor 1 bed apartment ($975./mo.), and third floor two bedroom apartment ($955./mo.), both have separate meters and tenants pay their own utilities. Building two is a 2 family duplex, with two bedrooms each side ($875. and $930./mo.), separate meters and tenants pay their own utilities. Three car bay garage and office with half bath is currently used for storage by owner. Land consists of two parcels (one deed) and is divided by the NYS Thruway. Houses are on approximately 24 mostly level acres with pond and stream. Excellent farming potential. Power lines run through the lower half of property with a Central Hudson easement. Other parcel (approximately 30 acres, on the west side of Thruway) is land locked and is located directly behind the NP High School. Both buildings have been meticulously maintained: newer windows, roofs and new septic systems 2014. All apartments have been redone within the past few years. Long term tenants.

Additional Information

Year Built
1930
Amenities
1st Floor Bedrm, Cul-De-Sac, Deck, Eat in Kitchen, Foyer, Hardwood Floors As Seen, Lake/Pond/Stream, Out Building, Porch, Privacy, Workshop
Taxes
$13,500
Exterior
Stone, Vinyl
School District
New Paltz
Sewer
Septic
Parking
3 Car Detached, Driveway, Off-Street Parking
Water
Drilled Well
Cooling
None
Heating
Base Board
Elementary School
Duzine

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Sally R Sprogis from Stevens Realty Group


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