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!
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!
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!
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.
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!
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.
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.
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. Additional Information: ParkingFeatures:2 Car Attached,
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.
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. Additional Information: ParkingFeatures:4+ Car Detached,
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.
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. Additional Information: HeatingFuel:Oil Above Ground,
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.
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. Additional Information: HeatingFuel:Oil Above Ground,
This brick 2-family home in the City of Newburgh offers an excellent investment opportunity or a comfortable living arrangement with rental income potential. Located on a desirable corner lot, this property features two spacious three-bedroom apartments. Unit 1 has a generous 3-bedroom apartment with modern updates and plenty of natural light. Unit 2 is another large 3-bedroom apartment with contemporary finishes. Ideal for investors or owner-occupants looking to capitalize on rental income in a vibrant community. Don't miss out on this fantastic opportunity in the revitalization of the City of Newburgh! Contact us today to schedule a viewing.
Welcome to this incredible multi-family home with a charming carriage house, perfectly situated in a prime location. Boasting immense potential, this property offers endless opportunities. The main residence features multiple units and the spacious interior allows for easy customization and modernization, creating a truly remarkable living space. With its great location, convenience is at your fingertips, with nearby amenities, schools, parks, and easy access to major transportation routes. Don't miss out on this fantastic investment opportunity, where dreams can come to life.
Turn of the century all brick legal 3-family with recent renovations - great for owner occupant or a real money maker for an investor! Recent renovations include furnaces, water heaters, windows and appliances. 2nd floor perfect for owner with access to the fenced back yard. Experience the revitalization of the City of Newburgh in this great opportunity. Minutes to the waterfront with excellent restaurants, beautiful views and a walking path along the river. Metro North train is right across the river either by ferry or car. Be in NYC in just over an hour.
Welcome to 86 Lander Street, a beautifully renovated four-family brick building nestled in the heart of Newburgh's Historic District. This property offers a perfect blend of modern comfort and historic character, featuring three spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. Each apartment is equipped with upscale finishes, including quartz countertops, stainless steel appliances, and gleaming hardwood floors, offering an attractive living experience for tenants and owners alike. Located just moments from Newburgh’s vibrant waterfront, downtown attractions, Montefiore St. Luke's Hospital, Downing Park, Mount Saint Mary College, and Washington's Headquarters, this property offers both convenience and charm. Whether you’re looking to expand your investment portfolio or find a unique owner-occupied residence, this fully renovated, turnkey property is an excellent opportunity. Don't miss out on this rare find in Newburgh—where modern luxury meets historic elegance.
Brick 2 family in the heart of Newburgh. Fully rented, ready for new owners. Come take a look before its too late! Additional Information: HeatingFuel:Oil Above Ground,
Grab your chance to be a part of Newburgh's revitalization. Multiple Residential property is vacant and now ready for renovation: dwelling to the front (#238) is a 2 unit four square style Victorian with excellent bones and considerable interior fabric intact; rear dwelling (#240) is a large converted garage with a 2-3 BR on second floor. The two-family house has a 2-3 BR unit on each floor as well as full unfinished basement. Hardwood floors and interior trim work appear restorable. The rear unit is fire damaged and will require major reconstruction. Driveway and off-street parking for 4-5 cars, first floor of rear building could be used as large garage or shop space. Location is one block away from St. Lukes Hospital and convenient to all city amenities and riverfront.
Welcome to 154 Montgomery St. Located in Historic District overlooking the Hudson River, and beautiful parks. This fully renovated legal 3 family house awaits you. Use as a primary residence and or investment property. Projected rents for Apt. 1 (3br duplex) LR, kitchen, and two bathrooms $2,800, Apt. 2 (2br) LR, kitchen, and full bathroom $2,500, and Apt. 3 (2br) LR, kitchen, and full bathroom $2,350. New electrical and plumbing. Amenities include new flooring, ss. appliances, laundry room, stiles tone countertops, plenty of closet, and storage space, each unit has it's own boiler / hot water tank, and nice size backyard. Conveniently located close to everything, and walking distance to the Beacon and Newburgh Ferry Terminal. A must see to endure.
Diamond in the rough and an exceptional multifamily investment opportunity, most of the renovation has been completed. Featuring 1816 square feet with a detached garage and fenced yard, this solid brick two-family building is located in the historical district of the up-and-coming city of Newburgh. With close distance to Liberty Street restaurants, the Newburgh Waterfront, and Beacon Metro-North, and near of Mount Saint Mary College, St. Luke's Hospital, and shopping.
And here we have a fixer for you, framed and ready to go! The current owner has done some heavy lifting, and the remainder of customizable work can be yours to tweak and make your own! This 3 unit, 7 bedroom total, Chambers St townhome in the heart of Newburgh is a great place to make your mark. Come have a look and enjoy the renovator's life!
The median home value in Newburgh, NY is $193,900. 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 $193,900. 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 12550 has a population of 28,834. Newburgh 12550 is less family-centric than the surrounding county with 26.72% 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 12550 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 12550 is 31.3 years.
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.