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Newburgh,NY 12550
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,788 sqft
Price per Sqft $243
MLS Listing ID H6319030
Bedrooms 5
Full Baths 3
Year Built 1940
Annual Tax Amount $10,577
Lot Size 2,613 Sqft
Property Description
MULTI-FAMILY INVESTMENT | 3-UNIT BLDG - Finish this mostly restored 1940's Victorian 3-Family in the Washington Heights section of Newburgh, on a Corner lot w/parking for 3 cars, 1/2 block from 'The Bluff', w/partial river views. Unit layout is: 3FL-2bed/1bath+bonus rm | 2FL-2bd/1bth | 1FL- 1bd/1bth. Current utilities setup is LL pays gas heat & HW, tenants pay electric. Projected Rent is $6,550/mo for 3 finished units w/8.3% cap after completion based on estimated Proforma. One Block from the rapidly evolving Liberty St corridor w/new shops and restaurants & historic Washingtons Headquarters. Two blocks from the coming PS6 Center for Film & TV. Close to the Hudson River Waterfront, a short drive to I-84,I-87 & Beacon. Work Completed includes: Every surface inside & out is handled, from new underground plumbing, to new roof coating & flashing, walls & ceilings skim-coated & fully painted. All original details restored incl: double entry doors, staircase, floors, new main entry stairs.
Location
State NY
County Orange
Interior
Heating Natural Gas,Hot Water
Cooling None
Exterior
Garage Off Street
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Magnet Sch Of Math Science & Design
Middle Schools Call Listing Agent
High Schools Newburgh Free Academy
School District Newburgh
Others
Special Listing Condition None