Newburgh NY, 12550
$435,000
Misc
For Sale
5 Beds
, 3 Full Bath
, 1788 SqFt
Details
ML#: H6319030
- # of Families: 3
- Year Built: 1940
- Taxes: $10,577
- Status:Active
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.
More Property Details
Bedroom: 5
Full Bath: 3
Lot Size: 0.0574
Lot Sq Ft: 2500
Approx. Int. Sq. Ft.: 1788.00
Parking Spaces: Yes
Parking Spaces: 3
Parking Facilities: Off Street, On Street
Heat: Natural Gas, Radiant
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $10,577
School District: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
Listing Information provided courtesy of
Keller Williams Realty
206-445-4798