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Multi Family 2-4 in Orange County
MLS Number896693
Address332 South Street, Newburgh, NY 12550 show map
Price$360,000 show mortgage calculator
Acres0.16999540863177
Year Built1900
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$10,565
Total Apt Units2
Total Bedrooms4
# 2 Brs2
Remarks

Nestled on the charming, sidewalk-lined South Street in Newburgh, NY, this delightful multi-family home perfectly blends historic charm with modern convenience. Built in 1900, it boasts unique period details, including charming trim work and classic cast iron radiators, bringing a touch of timeless elegance that you don't find in newer homes. Located near the picturesque Downing Park, one of Newburgh's most beloved green spaces, this home offers a generous lot with private parking and a backyard brimming with potential. Imagine transforming the outdoor space into your own private oasis, all while enjoying the conveniences of city living. At this price point, it's an ideal opportunity for owner-occupiers looking to generate extra income while enjoying the best of Newburgh. Both units of the property are currently owner-occupied, but are estimated to rent out for 1,900 per month. For investors, the income potential is impressive, with much of the groundwork already done: separate hot water heaters, individual gas meters, and separate electric meters for each unit ensure a smooth, efficient setup for rental income. Please note that the rental income figures are projections based on current market values, as there are no existing leases in place. These estimates are provided for informational purposes only and actual rental income may vary.

Amenities

Eat-in Kitchen

This listing is Courtesy of Hello Dolly Real Estate ().

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