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Single Family House in Orange County
MLS Number1010502
Address89 5th Avenue, Newburgh, NY 12550 show map
Price$460,000 show mortgage calculator
Acres3.1
Bedrooms3
Bathrooms1 / 1
Year Built1847
Est. Sq. Footage1336
Elementary SchoolNewburgh
Jr High-Middle SchoolNewburgh
High SchoolNewburgh Free Academy
Estimated Taxes$4,510
HOA Fees
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Remarks

Incredible Investment & Development Opportunity! Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space. What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities. Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property. Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting.

Amenities

Eat-in Kitchen, Porch

This listing is Courtesy of Gillespie Real Estate LLC (845-565-7073).

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