$895,000

FOR SALE

332 Springtown Road

New Paltz, Ny, 12561

MLS #942553

Subdivision: -

Building: -

5 Beds

4/- Baths

3139 sqft

$ 285.12 /sqft

Property Details

Calling All Investors and Farmers! An exceptional opportunity awaits at Gopal Farm. This expansive multi residence with accessory apartments offers 5 bedrooms and 4 bathrooms, perfectly situated on 45 acres of pristine organic & permaculture farmlandproviding all the benefits of farm living without the operational responsibilities. The property includes two large apartments and an additional studio on the lower level, with rental income potential exceeding $4,000 per month. Previously occupied by farm staff, all units are now vacant and ready to be leased at full market value. While the main home would benefit from some updating, it offers remarkable flexibility and investment potentialideal for multi-generational living, rental income, or a combination of both. The whole farm is now available for sale for the first time in 10 years. The property can also be subdivided into two buildable 3+ acre flag lots, each valued at approximately $200,000, helping offset the overall purchase cost. A third agricultural lot may be created and conserved for additional income. The current farmer is willing to continue leasing the farmland, offering stable rental income and property-tax benefits.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Cooktop
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1972
Cooling
Ductless
Pets Allowed
-
Amenities
-
Interior
Other
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Frame
Security
-
Heating
ENERGY STAR Qualified Equipment, Oil, Other
Garage/Carport
1
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Attached
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
eXp Realty

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Listing Courtesy of: eXp Realty