6-8 Allhusen Road,
New Paltz,
NY
12561
Attention Investors and Growers of All Kinds! Discover a unique opportunity with this exceptional property, formerly three lots combined into one expansive parcel. This rare gem features a multi-unit apartment complex, a former nursery with all plumbing intact, and a beautifully maintained, sun-drenched home with an accessory unit offering stunning seasonal views of both the Shawangunk Ridge and the surrounding landscape. The entrance is enhanced by exquisite landscaping, including a Weeping Norway Spruce and a European Weeping Beech tree, setting the stage for a botanical paradise. The rental units consist of three efficiency apartments and three one-bedroom apartments, two of which were added in 2013, generating over 70k in annual income. The former nursery area, equipped with tractor-trailer access, presents an ideal space for growers of all kindswhether you're interested in cultivating flowers, vegetables, or specialty plants. The property features an 8-valve watering system equipped with three mechanical timers, making it perfectly set up for agricultural endeavors or horticultural enterprises. Apartment leases are typically month-to-month, with a preference for August-to-August rentals, making these units perfect for SUNY students and others seeking clean, affordable, and well-maintained housing. Enjoy ample parking, upgraded mechanical systems, and internet connectivity. Recent upgrades include a newly installed septic system with a transferable warranty, as well as a new oil tank and furnace, providing peace of mind for the new owners. Water is supplied via a private well, ensuring a reliable source for all your needs. Located near a wealth of local attractions, this property is just a stone's throw from scenic orchards, charming farm stands, and a variety of acclaimed restaurants. Indulge in the culinary delights of the region or explore the nearby resorts like Wildflower Farms Auberge, offering a tranquil escape in nature. For wine enthusiasts, the Shawangunk Wine Trail beckons with its stunning vineyards and award-winning wineries, providing the perfect backdrop for tastings and events. This vibrant community is rich in agricultural heritage, making it an ideal environment for growers to thrive and connect. Full financial information is available upon request. Don't miss out on this incredible opportunity to own a prime property that appeals to both residential and horticultural interests. Seize the moment to invest in this versatile property that offers endless potential!
This is an Active listing.
Broker Office Phone Number: 845-687-7954
Copyright © 2024Multiple Listing Service of Ulster County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.