Description
Welcome to this stunningly multi-family home, a gem in the heart of Newburgh city. This property is not just a home, but a massive investment opportunity. Each of the six units boasts a private entrance, ensuring privacy and convenience for all residents. The building has been completely renovated, with brand-new gas boilers for 5 units. The property also features a separate new electric boiler for the single-family house. Parking will never be an issue here, with a lot of space available, plus the bonus of three garages. These garages could be rented out, providing an additional income stream. The units are spacious and well-designed, with four of them featuring two bedrooms, a living room, and a kitchen. The remaining two units are equally comfortable, with one bedroom, a living room, and a kitchen. The best part? They're all vacant and ready for you to handpick your tenants. With an estimated gross yearly income of $127,800. It's a great investment waiting to reward its new owner.
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10BEDS
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0.09ACRES
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6BATHS
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01/2 BATHS
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5,270SQFT
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$207$/SQFT
School Information
Description
Welcome to this stunningly multi-family home, a gem in the heart of Newburgh city. This property is not just a home, but a massive investment opportunity. Each of the six units boasts a private entrance, ensuring privacy and convenience for all residents. The building has been completely renovated, with brand-new gas boilers for 5 units. The property also features a separate new electric boiler for the single-family house. Parking will never be an issue here, with a lot of space available, plus the bonus of three garages. These garages could be rented out, providing an additional income stream. The units are spacious and well-designed, with four of them featuring two bedrooms, a living room, and a kitchen. The remaining two units are equally comfortable, with one bedroom, a living room, and a kitchen. The best part? They're all vacant and ready for you to handpick your tenants. With an estimated gross yearly income of $127,800. It's a great investment waiting to reward its new owner.
© 2024 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 McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2024-09-07T17:18:18.497.