Newburgh NY Multi Family for Sale
$265,000
62 Clark St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- H6332065
View additional info
Courtesy: eXp Realty
888-276-0630
ADDITIONAL INFORMATION
**Charming 2-Family Investment Property in Up-and-Coming Newburgh, NY!** Welcome to this well-maintained 2-family residence located in the heart of a revitalizing Newburgh community. This property offers a **2-bedroom, 1-bath unit** and a **1-bedroom, 1-bath unit** each currently occupied by excellent, reliable tenants. The building has been carefully maintained, making it an ideal choice for a new owner looking for a steady investment. Whether you're an experienced investor or just entering the real estate world, this property is ready to start generating income right away. Don't miss the chance to be part of Newburgh's growth and prosperity schedule a viewing today! SELLER WILL CONSIDER OWNER FINANCING!!!!!!! 50% DOWN PAYMENT PRIME PLUS 1% ON A 15 YEAR NOTE. NO PREPAYMENT PENALTY.
$299,000
84 Benkard Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 3587806
View additional info
Courtesy: Renaissance Realty Cons Group
516-350-6364
ADDITIONAL INFORMATION
All Brick 2 Family, located on a corner Lot in Newburgh's Washington Heights neighborhood. Perfect opportunity for a new homeowner looking to turn their new home into an investment or for investors looking to capture the upside.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 1 Acres
- Year built:
- 1983
- Baths:
- 2.00
- MLS#:
- H6333652
View additional info
Courtesy: Century 21 Realty Center
845-781-8100
ADDITIONAL INFORMATION
Great investment opportunity. Live in one and rent out the other! The larger home has 2 bedrooms plus an office, large kitchen/dining/living area, new roof, new windows, new flooring, new appliances and a new shower. Deck needs repair. The smaller unit is a 1 bedroom, updated with updated kitchen, improved bathroom, new flooring, replaced furnace, replaced water heater. There is an open shared driveway area, nice for entertaining and recreational use. Great extended family situation with separate living units. Don't miss. Won't last!
$750,000
6 Farrington St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- H6333736
View additional info
Courtesy: RE/MAX Town & Country
845-765-6128
ADDITIONAL INFORMATION
Welcome to your next investment. This property presents an incredible investment opportunity that is truly hard to pass up. The property was fully renovated in 2020, 4 Units in excellent condition. Located in a prime area with convenient access to shopping, parks, and transportation, this building is fully occupied by reliable, on-time-paying tenants, ensuring steady revenue from day one. With low maintenance needs due to recent updates and a high demand for well-appointed rental units in this neighborhood, this property is ideal for investors seeking a high-quality, worry-free addition to their portfolio or owner occupied and have it pay the mortgage on its own while you live for free!
$450,000
105 Renwick St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- H6328343
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Well cared for investment property in the City of Newburgh! This brick three unit townhome could suit a value add investor or an owner-occupant with a "live in one, rent the other" lifestyle goal! Two units with excellent long term tenants that treat the property like home, and one unit vacant and in the process of a turnover. All utilities separate and mechanicals well maintained. A great opportunity!
$350,000
11 Courtney Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- H6333316
View additional info
Courtesy: Compass Greater NY, LLC
838-877-8283
ADDITIONAL INFORMATION
Enjoy Hudson River views from this classic multi-family Queen Anne style home in Newburgh's Washington Heights East End Historic District! Washington Heights is an established residential neighborhood only one block from the scenic "bluff" with views of the mountains and Hudson River! This home has 2 units, one with 2 Bedrooms and 1 bathroom and the other with 3 bedrooms and 1.5 bathrooms, and can easily be converted back to a one family. There is also a sweet backyard and two car freestanding garage. This property is awaiting its new owner who has vision to reshape it as there is unlimited potential for its next chapter. Situated near, galleries, boutique restaurants, the waterfront, parks and local shops. Also close by: SUNY Orange, Mount St. Mary's College, Downing Park and Washington's Headquarters. Commuter friendly location just 10 minutes to New York State Thruway (87), Interstate 84, the Newburgh/Beacon Bridge, Metro North Train Station (via the Newburgh Ferry) and Stewart International Airport! Join in, in Newburgh's renaissance!
$650,000
244 Grand St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1880
- Baths:
- 4.00
- MLS#:
- H6330516
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Magnificent four unit property on Grand St. Excellent interior design and great tenants in three units (the parlor level unit is vacant and ready for a live-in owner!). A one bedroom garden apartment has a private entrance and access to a back patio and garden. The vacant first floor apartment features one bedroom, a massive back porch facing a peaceful yard, and an impressive bathroom with jacuzzi tub. The second and third floor apartments are great 2-bedrooms with loads of historical details like rare fireplaces and original trims, plus views of Mount Beacon! An excellent place to call home on a chic City of Newburgh block.
$525,000
15 Hawthorne Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1955
- Baths:
- 3.00
- MLS#:
- H6332409
- Subdivision:
- Englewood
View additional info
Courtesy: Century 21 Alliance Realty Grp
845-485-2700
ADDITIONAL INFORMATION
What a great opportunity! This is a three unit building located in a quiet residential area. Centrally located, it's just a few minutes from I-84 in one direction and Route 9W in the other. It's great for your tenant's commute! All units are well cared for by responsible, long term tenants who take care of their own heat, electric and cooking gas. Rents are below market value, so there's room for revenue growth. Don't let this one get away!
$525,000
476 Broadway Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- H6331893
View additional info
Courtesy: Rising Star Realty
914-243-4885
ADDITIONAL INFORMATION
This well-maintained property offers an exceptional opportunity for investors seeking reliable rental income and the potential to increase cash flow. The property features a vacant street-level storefront, previously leased at $2,000/month, presenting an open canvas for a new retail business or office tenant. With a large, versatile space and convenient rear entry leading to municipal parking, this storefront is highly appealing to small business owners looking for ease of access. Residential income comes from two fully occupied units on the upper floors. The 2nd-floor unit is a 2-bedroom apartment, currently rented for $1,400/month. The 3rd-floor unit is a 1-bedroom apartment, generating $1,200/month. Both apartments have been recently updated, including kitchens, bathrooms, and flooring. Tenants pay all utilities (gas and electric), while the landlord covers water, sanitation, exterminator services, taxes, and insurance, with estimated annual expenses under $14,000. The property boasts high-efficiency gas boilers (residential units) and updated electrical systems, ensuring low maintenance costs and energy savings. This investment offers immediate income from residential leases (both units are month-to-month), with the added opportunity to lease the vacant storefront at market rates. Whether you're a seasoned investor or looking to diversify, this property's strong income potential and strategic location make it a perfect addition to any portfolio.
$530,000
57 Carpenter Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1960
- Baths:
- 3.00
- MLS#:
- H6291354
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Three unit townhome for sale, with parking and laundry! All units recently renovated, and sidewalk updated to streetscape standards. Nice tenants in good standing, with one unit available to remain vacant as needed for an owner-occupant. A great opportunity to enjoy market rate income and a low-hassle investment property in the City of Newburgh!
$530,000
55 Carpenter Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- H6291353
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Three unit townhome for sale, with parking! Recently renovated with great tenants, consider this your opportunity to own a slice of the City of Newburgh, without tackling a major renovation. Great tenants in good standing. Available as an individual sale or as a package deal with the attached three unit townhome next door.
$425,000
132 Chambers St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 1,742 Acres
- Year built:
- 1880
- Baths:
- 2.00
- MLS#:
- H6298944
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
A real estate treat on Chambers Street! Welcome to a great townhome located steps from Audry Carey Park in the City of Newburgh. The top floor apartment is vacant, recently touched up, and ready for move in or a light cosmetic renovation. Downstairs is a conscientious long term tenant with an excellent track record. Separate, well maintained mechanicals and many recent repairs. This conscientious owner is ready to pass the torch to a new owner -- and we hope it's you!
$445,000
15 Dubois St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1866
- Baths:
- 4.00
- MLS#:
- H6329928
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Fixer upper potential on Dubois St in the City of Newburgh. Located between bustling Broadway and the Montefiore-network community hospital. Lots of high quality renovations have been happening in all sides, and it's clear Newburgh is the place to be! Assumable mortgage and seller-financing available.
$390,000
37 Edward St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- H6307957
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Fixer frenzy on Edward St continues! Cool three unit townhome available and ready to renovate. Come check out this great project on a hidden gem of a block, right in the heart of downtown Newbrugh, NY. Original floors, trims, and sweeping staircase make this property a great candidate for historical preservation tax credits and abatements. Seller-financing is available.
$599,000
189 Liberty St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1895
- Baths:
- 5.00
- MLS#:
- H6325467
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Interesting multi family townhome on Liberty St in the City of Newburgh. This three unit property consists of two duplex apartments in the main townhome structure, plus a one bedroom apartment in an unique detached carriage house structure in the rear. Great setup, offering privacy, architectural interest, and flexibility for multiple families or uses. Nice tenants that are all in good standing; many recent repairs including mechanicals, roof, and sewer line; and a great owner who is ready to pass the torch! Come be our neighbor on Liberty St!
$400,000
87 Benkard Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- H6327632
View additional info
Courtesy: eXp Realty
888-276-0630
ADDITIONAL INFORMATION
Beautifully maintained 2 family brick building in the heart of Newburgh Heights!! 3 bedrooms over 1 bedroom with a full walk out basement and great space for storage. The fenced in backyard is expansive and great for entertaining. This house has a double lot, which provides room enough for six to eight parked vehicles. Close to shopping, schools, the Newburgh Water front marina and restaurants! Commuter friendly, just minutes from NYS RTE 9W, 84, 87, Metro north & the short line bus to NYC. Great investment potential, live in one unit and rent the other.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1988
- Baths:
- 4.00
- MLS#:
- H6325716
View additional info
Courtesy: RE/MAX Benchmark Realty Group
845-565-0004
ADDITIONAL INFORMATION
AVAILABLE. INVESTORS ONLY! CITY OF NEWBURGH "GOOD CAUSE" LAW! 2 Family Duplex in Newburgh fully Rented. Total 2538 square feet. 1st floor unit 999 sq. ft. with 2 bedrooms & 2 baths, Oak Kitchen Cabinets, EIK, Black Appliances, W/W carpets, 1 car garage. 4 Bedroom Unit on 2nd Floor, open floor plan with Kitchen & Island, Dinette, Stainless Appliances, Maple Cabinets, Tile floor. W/W carpets, Master Bedroom with Bath & Spa tub, wood floors. Each Unit has its own garage & parking. Deck off 2nd floor, Gas furnace in each garage. Interior of home is updated. Tenants pay Heat, Electric & Utilities. Landlord Pays Water/Sewer/Trash. Newer Deck.
$400,000
16 Lutheran St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1890
- Baths:
- 2.00
- MLS#:
- H6323667
View additional info
Courtesy: HomeSmart Homes & Estates
845-547-0005
ADDITIONAL INFORMATION
Now offering investment property in the Historic District of the City of Newburgh. Beautiful brick row house style building with covered front porch and entry foyer. The house has been updated while retaining some of the original character of the building including staircase and handrails/newel post, a claw-foot tub and fireplaces (non-functioning). Large rooms throughout. Each unit has a big kitchen with room for a table, spacious bathroom and a back porch that spans the entire building. Nice fenced yard. With 2 boilers, tenants pay their own heat and also electric. Part of the walk-out basement has been compartmentalized. Live in one apartment and rent the other! Alternately, convert this back to a great one family home! Close to shops and restaurants. A short distance to the Beacon train to NYC and major highways.
$390,000
36 Edward St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- H6307956
View additional info
Courtesy: ReAttached
845-420-8965
ADDITIONAL INFORMATION
Welcome to you Hudson River view townhome fixer upper! Three apartments on a peaceful block that is tucked away between bustling Liberty St and other major commercial and residential developments. Needs work, but the building has great bones -- and views of the Hudson River! Seller-financing is available.
$950,000
50 Washington St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 1 Acres
- Year built:
- 1988
- Baths:
- 3.00
- MLS#:
- H6321558
- Subdivision:
- Lt 21 Hudson Hill Sect 1
View additional info
Courtesy: Voro LLC
877-943-8676
ADDITIONAL INFORMATION
COMMANDING position in Newburgh on a promontory overlooking the Hudson River with unparalleled views up and down the River all the way to Bannerman's Island! Directly adjacent to historic Washington's Headquarters sits this handsome single level solid, well-built custom home. There is a separate two story building behind with a 2 car garage and a 1 bed apt above on the second floor- all this sitting on almost 3/4 acre for privacy! Property class is listed as 'multiple residences', not multifamily. The house is a dream property for single level easy open plan living with a great flow and layout. There is a massive full height attic space (look at that roof pitch!) that has the potential to be developed further for another level. Similarly, the second building with the garages and apt above has a huge attic space that also has potential for further development. This impeccably maintained property has been updated with Central Air and an energy efficient Navien Combi-Boiler for hot water/heat in the main house which has cast iron baseboards. The property faces due east so you awaken to beautiful sun rises across the river and in the evening you can watch magical moon rises. And in Fall, you are treated to the most spectacular sunset views of the foliage on the mountains across the river turning brilliant orange as the seasons change.. This is truly a unique property with unsurpassed views and further potential! It also appears to be the only privately owned property in the Waterfront Gateway Zoning which allows multi story development.
$115,000
35 Johnston St Newburgh, NY 12550
View additional info
Courtesy: Brick and Mortar RE LLC
845-283-3561
ADDITIONAL INFORMATION
This is a rare opportunity to purchase an all ready approved vacant lot with approvals to build a three family property in the City of Newburgh. Approvals for zoning and ARC are included, and planning is approved as of right. Finalized construction plans are needed to get a building permit. Photos of the building rendered are the approved designs. Connections to sewer, water, gas and electric are available to bring to the property from the street. Agent discloses interest in property. There are many amenities close by, as this property is located in downtown Newburgh. There are many charming shops and cafes on the Liberty St corridor. Within the downtown area you can also find Downing Park, SUNY Orange, Mount St. Mary's College, 2 Alices Coffee Lounge, shopping, cafes, restaurants, galleries, studio rentals, bodegas, post office, bars, George Washington Park Historic sight, Newburgh Waterfront and the Ferry to the Metro North Train Station.
$379,000
160 N Miller St Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- H6302287
View additional info
Courtesy: Corcoran Baer & McIntosh
845-987-2000
ADDITIONAL INFORMATION
Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental income or continue as purely an investment property. Four bedroom unit needs extensive renovations but could be restored to its former glory after current tenants move out at the end of September. Each unit has separate utilities and meters. Rents are fully covered by Section 8 with guaranteed payments and could continue moving forward.
$435,000
2 Carson Ave Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1940
- Baths:
- 3.00
- MLS#:
- H6319030
View additional info
Courtesy: Keller Williams Realty
845-928-8000
ADDITIONAL INFORMATION
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.
$425,524
12 S Plank Rd Newburgh, NY 12550
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- H6316622
View additional info
Courtesy: Your Move Matters LLC
845-926-6400
ADDITIONAL INFORMATION
This Town of Newburgh two family offers great investment opportunity -- keep fully rented $$ or live in one unit and have tenant pay your mortgage! There is a two bedroom up and down unit and a studio/1 bedroom apartment with private access. Separate entrances, driveways with parking, 2 electric meters, municipal water and sewer! Well maintained and located near highways & shopping.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- H6316439
View additional info
Courtesy: Keller Williams Realty
845-928-8000
ADDITIONAL INFORMATION
Sit back and allow your tenants to pay your mortgage! Purchase this investment property that will allow your tenants to experience city living at its finest. Property is located within walking distance to the waterfront restaurants, and historic attractions. Tenants that work in the city will love the convenience of taking the ferry to the train. This historic duplex features three bedrooms one bath on one side and five bedrooms two baths on the other. House has good bones. Owners have upgraded the following: New Porch, Roof, Sewage System and installed historic approved windows on the first floor. Additional windows were purchased and just need to be installed. What are you waiting for? Come and check out this investment property today.
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Newburgh Real Estate
The median home value in Newburgh, NY is $360,000. This is lower than the county median home value of $389,200. The national median home value is $338,100. The average price of homes sold in Newburgh, NY is $360,000. Approximately 29.7% of Newburgh homes are owned, compared to 55.35% rented, while 14.95% are vacant. Newburgh real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newburgh real estate agent to arrange a tour today!
Newburgh, New York has a population of 28,834. Newburgh is less family-centric than the surrounding county with 25.43% of the households containing married families with children. The county average for households married with children is 36.93%.
The median household income in Newburgh, New York is $47,952. The median household income for the surrounding county is $85,640 compared to the national median of $69,021. The median age of people living in Newburgh is 31.3 years.
Newburgh Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 47.3 inches per year, with 36.8 inches of snow per year.