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11-13 Olev Lane, New Paltz, NY 12561

New Paltz
Local realty services provided by:CENTURY 21 Alliance Realty Group
11-13 Olev Lane,New Paltz, NY 12561
$1,300,000
  • 11 Beds
  • - Baths
  • 4,181 sq. ft.
  • Multi-family
  • Active
Listed by:
Office: century 21 alliance-np
MLS#:20263971
Source:NY_MLSUC

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$310.93

About this home

Rare five-family investment opportunity situated on 53.5 acres in New Paltz. The property includes two separate residential buildings, multiple income-producing apartments, and a multi-bay garage, offering immediate rental income with additional long-term upside. The main residence features a distinctive stone exterior, covered porch, multiple apartments, and generous living space across several levels. The second residential building contains additional apartments positioned above the garage. One garage bay is currently included with an existing apartment lease, while the remaining bays may provide future rental or storage income. Both roofs have been replaced recently. The apartments are occupied under a combination of term leases and a month-to-month tenancy. Tenants pay their own electric and heating expenses. Each residential building is served by its own designated septic system, and the property is served by private water. The substantial acreage includes both open and...

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Home facts

  • Year built:1930
  • Listing ID #:20263971
  • Added:43 day(s) ago
  • Updated:August 27, 2026 at 04:05 PM

Rooms and interior

  • Bedrooms:11
  • Living area:4,181 sq. ft.

Heating and cooling

  • Cooling:Window unit(s)
  • Heating:Electric, Oil

Structure and exterior

  • Year built:1930
  • Building area:4,181 sq. ft.
  • Lot area:53.5 Acres

Utilities

  • Sewer:Septic tank

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$310.93
  • Tax amount:$15,585

Features and amenities

  • Amenities:High Speed Internet, Professional Suite

Parking

  • Parking description:Driveway, Parking Lot

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