Multi Family 2-4 in Orange County
| MLS Number | 847273 |
|---|---|
| Address | 87 Overlook Place, Newburgh, NY 12550 show map |
| Price | $529,000 show mortgage calculator |
| Acres | 0.057392102846648 |
| Year Built | 1900 |
| Est. Sq. Footage | 0 |
| Elementary School | Newburgh |
| Jr High-Middle School | Newburgh |
| High School | Newburgh Free Academy |
| Estimated Taxes | $8,995 |
| Total Apt Units | 3 |
| Total Bedrooms | 8 |
| # 2 Brs | 1 |
| # 3 Brs | 2 |
OUTSTANDING MULTI-FAMILY INVESTMENT PROPERTY - Historic and vibrant City of Newburgh, NY this three unit building offers two rare three bedroom units, a two bedroom unit plus an upside of a possible lower level studio (variance required) which is not included in the financial statement. Current net operating income of $49,953. Tenants are responsible for their own utilities including heat, hot water and electricity. Owner covers snow removal, lawn care, water and sanitation. Well maintained building with many bonuses including reliable up to date tenants, quiet area and low maintenance. Located just two blocks from Washington's Headquarters, the heart of Newburgh's revitalization on Liberty Street and the ever popular Newburgh Waterfront with its shops, restaurants and entertainment. The apartments span the entire floor of each level and offer hardwood flooring, ample closets, eat in kitchen and storage. Just minutes to major highways (I-84 and I-87), shopping, schools, parks, Mount Saint Mary College and SUNY Orange, Metro North, City of Beacon, Storm King Art Center and Dia Beacon.
Eat-in Kitchen, Porch
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