Address
352-354 1st Street Newburgh, NY
Price
$ 382,500
Property Attributes
  • MLS#H6120081
  • TypeMulti-Family
  • CountyORANGE
  • CityNewburgh
  • AreaNewburgh City
  • NeighborhoodNewburgh
  • Zip12550
  • StyleTrilevel
  • Year Built1920
  • Taxes$ 8987
  • Price$ 382,500
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4524
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Laura V Suarez Davila with Voro LLC
Data Source:
OneKey MLS
Property Description

Cash flowing and Value Add Opportunity! Unique opportunity to purchase this 4,500 square foot mix-use building located right off-Broadway, across from a historic landmark. Get the best of both worlds with this mix use property featuring two massive three-bedroom apartments, a garage, and two stores generating serious income, while tenants pay their own utilities. Enjoy the steady stream of income from the occupied units while you work on creating additional value through renovations. Commercial tenant available and ready to sign a lease for the commercial vacant commercial unit. Walking distance to Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital. Five-minute drive to I-84, 15-minute drive to Beacon Metro-North train station & Stewart Airport, 75-minute drive to Manhattan! Property is partially occupied, and you can start collecting rent the day you close! Rent roll is available upon request.

Elementary School Middle School High School
Magnet Sch of Math Science & Design Elementary School Call Listing Agent Middle School Newburgh Free Academy High School
Price History
5/29/2021 Listed $382,500

General Features

Architectural Style Trilevel
Buildingareaunits Square Feet
Community Features Park
Construction Materials Brick
Cooling None, Window Unit(s)
Elementary School Magnet Sch of Math Science & Design
Elementary School District Newburgh
Garage Spaces 0.00
Heating Natural Gas, Baseboard
High School Newburgh Free Academy
High School District Newburgh
Hot Water Gas Stand Alone
Middle/Junior High School Call Listing Agent
Middle/Junior School District Newburgh
Parking Features Driveway
Property SubType Multi Family
Property Type Residential Income
Sewer Public Sewer
Tax Annual Amount 8987.00
TaxAssessedValue 180900
Total Units 4
Village None

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Lot Features Historic District, Near Public Transit
Lot Size Acres 0.0800
Lot Size Area 0.0800
Lot Size Source Other
Lot Size Square Feet 3289.00
Lot Size Units Acres
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Roadresponsibility Public Maintained Road
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 12550

Price
AVG $390K
$380K
Taxes
AVG $7,747
$8,987
Visits
AVG 52
14
Year Built
AVG 1922
1920
Fair Housing Icon NY Fair Housing Notice