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Helen Coyle Bergstein

Helen Coyle Bergstein
Nest Realty Co.
New Paltz, NY 12561

845-417-7242
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Listing 3 out of 57
$1,950,000 For Sale

336/338 Libertyville Road
New Paltz, NY 12561

15 units | Multi Family Home
1.1 acres - MLS# 20190216
Property Photo
1/35

Description

Unique investment opportunity with over a 9% cap rate! 2 Buildings, 1 Lot with 16 apartments Great location just a few miles outside the village of New Paltz & 90 miles from NYC Numerous capital improvements make this a solid investment. See Asscoiated Docs for a detailed list but they include: new roof, electric panels and heavy wiring feeds, gas water heaters, septic tanks, well pump, pressure tank, and 5 newly installed heat pump units providing heat and air conditioning to the 12 apartments in the large building to name a few. Many details of stain glass and wooden beams, hardwood floors. A community garden is in the backyard and a stream runs along the property boundary.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Unit
  • Listing Status: Active
  • County/Area: Ulster County
  • Zip Code: 12561
  • Age: 61-100
  • School District: New Paltz
  • Units: 15 units
  • Fireplace: Stone, Stucco, Living Room
  • Lot Size: 1.1 acres
  • View: River
  • Waterfront: Creek
  • Zoning: RA-COM 1
  • Area: Gardiner
  • Amenities: Common Laundry
  • Annual Expenses: 66229
  • Annual Income: 246000
  • Annual Net: 182651
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener, Whole House Filter System
  • Building Style: Barn, Two Story
  • Cap Rate: 9
  • Condition: Very Good
  • Construction: Frame/Stick, Masonry, Other/See Remarks
  • Cooling/Air Conditioning: Ceiling Fan, Heat Pump, Ductless Split Ac Units
  • Driveway: Gravel
  • Electric: 6924
  • Electricity: 100 Amps
  • Floors: Ceramic, Hardwood, Wide Board
  • Fuel: 4970
  • Garage/Parking Extras: Driveway, Lot, Off Street
  • Heat Source: Baseboard, Heat Pump
  • Heating Fuel: Electric, Propane
  • Hot Water: Propane
  • Insurance: 13000
  • Interior Features: Smoke Detector, Carbon Monixide Detector, Water Filter, Air Filter, Skylights, French Doors
  • Lease Type: One Year
  • Lot Block Address: 45,2,336/338 Libertyville
  • Lot Dimensions: 1.10 acres
  • Lot Features: Parking Lot, Flood Zone
  • Lot/Site: Rural
  • Miscellaneous: 9600
  • Miscellaneous Features: Ceiling-Cathedral, Ceiling-Vaulted, French Doors
  • Monthly Income: 20500
  • Other Income: 2880
  • Owner Pays: Taxes
  • Plumbing: Mixed
  • Roof: Asph Shingle
  • Sewer: Septic-Ingr.
  • Siding: Stucco
  • Total Taxes: 22085
  • Trash: 2200
  • Water: Drilled Well
  • Water Ways: Wallkill
Courtesy of Bhhs Hudson Valley Prop-Np
Helen Coyle Bergstein
Nest Realty Co.
Broker/Owner
114 Plains Road, New Paltz, NY 12561
(845) 417-7242 Mobile
helen@nestrealtyco.com

More About Me

Testimonials

Helen knows the area thoroughly and showed us a number of properties in New Paltz. She was extremely patient as we decided to not pursue a few, often after multiple visits. Then, for the property we bought, she called us minutes after it became listed, got us the first showing, and we made an offer that was accepted. The house was not shown to any other parties and we had a signed contract and closed quickly. Through every step, including about the mortgage application, we received excellent guidance. Helen really came through for us and we now have a house we are truly happy with. Allen Ross
A joy to work with. Really not what I had come to expect. Straightforward, an advocate, not treating my small sale as anything lesser. I hope I have the opportunity to work with her again. I will definitely pass her name along! Itty - New Paltz
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