Newburgh, Multi-Family Investment Property for Sale - 8br 3ba $529,000
2025-04-11 22:07
$529,000 / 8br – 3159ft2 – Newburgh, Multi-Family Investment Property for Sale – 8br 3ba
87 Overlook Place, Newburgh, NY 12550
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8BR / 3Ba
3159ft2
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OUTSTANDING MULTI-FAMILY INVESTMENT PROPERTY – Historic and vibrant City of Newburgh, NY this three it building offers two rare three bedroom its, a two bedroom it 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, Mot Saint Mary College and SUNY Orange, Metro North, City of Beacon, Storm King Art Center and Dia Beacon.
https://www.baerhomes.com/homes/87-Overlook-Place/Newburgh/NY/12550/162519328/
post id: 7841777404
posted: 2025-04-11 22:07
updated: 2025-04-14 17:43
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