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Newburgh,NY 12550
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6319030
Bedrooms 5
Full Baths 3
Originating Board onekey2
Rental Info No
Year Built 1940
Annual Tax Amount $10,577
Lot Size 2,500 Sqft
Acres 0.0574
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 County
Interior
Heating Natural Gas,Radiant
Cooling None
Fireplace No
Exterior
Parking Features Off Street,On Street
Utilities Available Trash Collection Public
Total Parking Spaces 3
Building
Sewer Public Sewer
Water Public
Schools
Middle Schools Meadow Hill Global Explorations Magnet School
High Schools Newburgh Free Academy
School District Newburgh
Others
Senior Community No
Special Listing Condition None