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Multi Family 2-4 in Orange County
MLS Number000031
Address263 Riley Road, New Windsor, NY 12553 show map
Price$569,900 show mortgage calculator
Acres1.3
Year Built1998
Est. Sq. Footage0
Elementary SchoolNewburgh
Jr High-Middle SchoolNewburgh
High SchoolNewburgh Free Academy
Estimated Taxes$10,863
Total Apt Units3
Total Bedrooms4
# 2 Brs2
Remarks

Great investment opportunity or live in one unit and rent out the other! Set back off the road on 1.3 private acres, this well-maintained two-family property offers strong income potential with below-market rents and separate utilities for each unit. Ample parking plus additional off-street parking and a large detached finished garage provide excellent flexibility for tenants or owner use. Each spacious unit features its own private entrance, 12-foot ceilings, 2 bedrooms, 1.5 baths, and approximately 1,216 square feet of living space. Both apartments include a stove, refrigerator, dishwasher, and washer/dryer hookups. The upper unit features a rear entrance, large deck for entertaining, and wooded backyard views for added privacy, currently rented for $1,700/month. The lower unit offers a front entrance with additional storage and is currently rented for $1,650/month. Tenants are month-to-month and responsible for their own utilities. Municipal water and sewer. Major updates include a new boiler in 2026, a 10-year-old roof on the main house, and a new roof on the detached garage in 2022. Each apartment has its own above-ground oil tank, furnace, and separate meters. The spacious detached finished garage is currently rented for $400/month and includes electricity, plumbing, and its own meter, making it ideal for storage, workshop space, or additional income opportunity. Great investment or owner-occupied opportunity with room for future rental growth.

Amenities

Deck, Eat-in Kitchen, High Speed Internet, Porch

This listing is Courtesy of Curasi Realty, Inc. (845-234-3375).

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