Land with Home for Sale in New Paltz, New York

This single-family residence, set on 3 acres, is ideally located just a short distance from the rear of campus and only a one-minute drive to the heart of the village. Built in 1930, this 2,736-square-foot home offers exceptional versatility. Currently rented to young professionals, the property generates $8,000 per month in income. It is equally well-suited for a large single-family residence or continued use as an income-producing investment. There is also the potential to occupy one portion of the home while renting the other, significantly offsetting monthly carrying costs. The home features numerous spacious rooms with original hardwood floors throughout, as well as a large, well-appointed kitchen. In total, there are four full bathrooms thoughtfully distributed across multiple levels. The lower level provides a separate living area with two large rooms, a tiled living space, a private entrance, and a full bath-ideal for extended living, guest quarters, or additional rental opportunity.