Newburgh, NY 12550,26 City TER
$310,000
$315,000
1.6%
Est.Price: ?

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5 BD
2 BA
1,942 SqFt

26 City TER Newburgh, NY 12550

Est. payment /mo
SOLD DATE : 06/17/2024

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Key Details

Sold Price $310,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,942 sqft

Price per Sqft $159

MLS Listing ID H6294131

Style Two Story

Bedrooms 5

Full Baths 2

Year Built 1890

Annual Tax Amount $6,979

Lot Size 2,178 Sqft

Property Description

Welcome to 26 City Terrace, Newburgh, NY - an exceptional multifamily investment opportunity that combines convenience and potential income. Situated in a prime location, this property is perfectly positioned for commuters, outdoor enthusiasts, and investors looking for a promising venture. Located just moments away from major highways, residents here enjoy quick and easy access to neighboring cities and attractions. The scenic Newburgh waterfront, with its charming restaurants and recreational activities, is within reach, offering a delightful lifestyle to your future tenants or homeowners. Additionally, the proximity to the Beacon Train Station ensures seamless connectivity to the Metro-North Railroad, making it a breeze for commuters to reach New York City and the Hudson Valley. This property comprises two distinct units, making it an ideal income-generating investment. The top unit has the potential for 2 to 3 bedrooms, complete with full kitchen and bath, making it perfect for families or individuals seeking generous living space. Meanwhile, the lower unit features 2 bedrooms, living room, kitchen, and bath providing a cozy and functional residence. Investors, seize this golden opportunity to maximize your returns in the thriving Newburgh real estate market. Sold as-is. Come join in Newburgh's renaissance! This won't last!

Location

State NY

County Orange

Interior

Heating Natural Gas, Gravity

Cooling None, Wall Unit(s)

Exterior

Garage Common

Building

Lot Description Level, Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Advanced Framing Technique,Brick,Stucco

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

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Listed by eRealty Advisors, Inc • (914) 712-6330
Bought with eXp Realty

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EXIT Realty First Choice

Agency | License ID: 49DA1128510

+1(718) 380-2500

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