160 N Miller ST Active Save Request In-Person Tour Request Virtual Tour
Newburgh,NY 12550
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6302287
Style Townhouse
Bedrooms 6
Full Baths 2
Originating Board onekey2
Rental Info No
Year Built 1900
Annual Tax Amount $5,844
Lot Size 3,463 Sqft
Acres 0.0795
Property Description
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,
Location
State NY
County Orange County
Rooms
Basement Partial
Interior
Interior Features Eat-in Kitchen
Heating Oil,Baseboard
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Parking Features On Street
Utilities Available Trash Collection Public
Amenities Available Park
Building
Lot Description Near Public Transit,Near School,Near Shops,Level
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
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