Description
Investors Dream! 3-Family, brick exterior building located in the City of Newburgh! All units were completely renovated in 2020. Two are occupied with long-term tenants. Enjoy a continuous stream of income in the growing rental market. Total rental income is $4,050/mo. Located in Newburgh?s Historic District, William street is the site for one of Habitat Newburgh's largest block projects, and has undergone immense transformation in the past 2 years! It is close to stores and restaurants on Broadway, Liberty St, the waterfront and the Beacon Ferry. Near Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital. Five min drive to I-84, 15 min to Beacon Metro-North train station & Stewart Airport, 75 min to NYC. Tenants pay for gas and electricity. Landlord pays for water, sewer, and sanitation. There are 3 electric meters, 3 gas meters, and 3 hot water heaters. Sold as-is. This won?t last! Come join the Newburgh renaissance! Package deal: 6 units for $700K. Can purchase in combination with 141 William Street, Newburgh NY. Inquire regarding financial projections for the package deal.
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6BEDS
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0.05ACRES
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3BATHS
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01/2 BATHS
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1,860SQFT
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$188$/SQFT
School Information
Description
Investors Dream! 3-Family, brick exterior building located in the City of Newburgh! All units were completely renovated in 2020. Two are occupied with long-term tenants. Enjoy a continuous stream of income in the growing rental market. Total rental income is $4,050/mo. Located in Newburgh?s Historic District, William street is the site for one of Habitat Newburgh's largest block projects, and has undergone immense transformation in the past 2 years! It is close to stores and restaurants on Broadway, Liberty St, the waterfront and the Beacon Ferry. Near Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital. Five min drive to I-84, 15 min to Beacon Metro-North train station & Stewart Airport, 75 min to NYC. Tenants pay for gas and electricity. Landlord pays for water, sewer, and sanitation. There are 3 electric meters, 3 gas meters, and 3 hot water heaters. Sold as-is. This won?t last! Come join the Newburgh renaissance! Package deal: 6 units for $700K. Can purchase in combination with 141 William Street, Newburgh NY. Inquire regarding financial projections for the package deal.
© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with William Raveis Real Estate. Data last updated: 2021-04-19T00:16:33.01.