Triplex
236 State Route 32
Pending · New Paltz · Ulster County, NY 12561
- Year built
- 1900
- Est. monthly taxes
- $568.74
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About this home
Excellent Investment Opportunity - Fully Occupied 3-Family with Expansion Potential This income-generating 3-family property is fully occupied and currently bringing in 4,350 per month, with tenants responsible for all utilities. The building features two 1-bedroom units and one 2-bedroom unit, with an unfinished 4th unit that offers excellent potential for added value. The entire floor is included in the tax-recorded square footage and can be reconverted into a legal unit with the proper permits—unlocking even more income potential. Highlights include a durable metal roof, ample off-street parking with space for more vehicles than needed, and a solid rental history. While the exterior could benefit from some TLC, the property offers strong bones and immediate cash flow. The current rent roll is below market, leaving room for future rent increases and higher returns.
Listing snapshot
- Days on site
- 59 days
- Listed on MLS
- Apr 22, 2025
- Full baths
- 0
- Annual property tax (MLS)
- $6,824.85
- Tax year
- 2024
- Listing brokerage
- eXp Realty
- MLS ID
- KEY851301
- Last updated
- Sep 18, 2026
General features
- Property type
- Triplex
- Year built
- 1900
- Garage
- No
- Water source
- Well
- Sewer
- Septic Tank
- Utilities
- Electricity Connected
Interior features
- Basement
- Full
- Heating
- Baseboard, Electric, Other
- Cooling
- None
- Interior
- Other
Exterior features
- Architectural style
- Colonial
- Construction materials
- Frame
Schools (MLS)
- Elementary school
- Duzine
- Elementary school district
- New Paltz
- Middle school
- New Paltz Middle School
- Middle school district
- New Paltz
- High school
- New Paltz Senior High School
- High school district
- New Paltz
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.