39 N Chestnut Street

New Paltz, NY 12561

Charming 1890 brick Victorian triplex in the heart of the Village of New Paltz. Located at 39 N Chestnut St, this well-maintained multi-family property offers a rare opportunity for both owner-occupants and investors seeking strong, consistent rental income in a highly desirable, walkable location. The property features a total of 3,273 square feet with three separate units. The first floor consists of a spacious 2-bedroom apartment with an additional flex room that generates $3,300/month. The second-floor unit is a 3-bedroom apartment with a monthly rental income of $2,625. The third-floor unit is a 4-bedroom apartment generating $3,000/month. Total monthly rental income is $8,925, equating to $107,100 annually. Recent improvements include a new roof installed in 2025. Tenants are responsible for heat and electric, helping to minimize owner expenses. The property offers off-street parking at the rear, along with a detached garage. Ideally situated less than a 10-minute walk to SUNY New Paltz Campus, minutes to the Village’s shops, restaurants, and amenities, approximately one minute to the Rail Trail, and an 8-minute walk to the Trailways bus station. A unique opportunity to own a character-filled 1890 brick Victorian multi-family property in one of the Hudson Valley’s most sought-after locations.

Listing courtesy of eXp Realty Jacob@stevensrealtygrp.com


Based on information submitted to the MLS GRID as of 2026-05-20 02:41 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.