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Multi Family 5+ in Orange
MLS Number6293746
Address18 Old North Plank Road, Newburgh, NY 12550 show map
Price$1,150,000 show mortgage calculator
Acres2.4
Year Built1930
Est. Sq. Footage5528
Elementary SchoolMagnet Sch of Math Science & Design
Jr High-Middle SchoolCall Listing Agent
High SchoolNewburgh Free Academy
Estimated Taxes$14,677
Total Apt Units8
Total Bedrooms14
# 1 Brs3
# 2 Brs1
# 3 Brs1
# 4 Brs3
Remarks

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.

Amenities

This listing is Courtesy of Exit Realty Venture ((845) 537-0116).

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Please use the form below to contact us. Thank you - CS Realty & Relocation Services. "Brokers of Better Rentals & Residences since 1986."

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