42 S Chestnut Street, New Paltz, NY

$425,000

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5

Beds

2

Baths

2,052

Square feet

0.23

Acres

About 42 S Chestnut Street

One of the best college rentals in New Paltz! Right near campus, in a charming well-maintained single family home with a large deck, nice lawn, garage, and front patio with seasonal mountain views. The house is a fully-approved 5-bedroom college rental that is leased to five students through May 2022. Four of the five bedrooms are large enough to be rented with double occupancy, presenting excellent income upside to new ownership. Double occupancy is a very high-demand segment of the college rental market (due to the discount-per-student) but most rental bedrooms in the area do not meet the minimum 120 sf threshold. The large bedrooms here measure 145, 155, 180, and 185 square feet! Pride of ownership is obvious, with well-kept grounds and virtually no deferred maintenance. Municipal water/sewer, 200 amps of electricity, washer/dryer hook ups, and a third floor "bonus room" all add significant value. Contact listing broker for full financials.

Features of 42 S Chestnut Street

MLS® # 20212340
Price $425,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 2,052
Acres 0.23
Year Built 1900
Type Residential
Sub-Type Single Family
Style COLONIAL
Status PENDING CONTINUE TO SHOW

Community Information

Address 42 S Chestnut Street
Area NEW PALTZ
City New Paltz
County Ulster County
State NY
Zip Code 12561

Amenities

Parking 1-Car
# of Garages 1
Garages Garage Detached

Interior

Interior Features SMOKE DETECTOR, CARBON MONOXIDE DETECTOR
Appliances MICROWAVE, RANGE, REFRIGERATOR
Heating BASEBOARD

Exterior

Roof ASPH SHINGLE
Construction FRAME/STICK

School Information

District New Paltz Central

Additional Information

Zoning R2

Listing Details

AgentMatthew Eyler
OfficeNew Paltz Properties

Listing Map

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