Multi Family 2-4 in Orange County
| MLS Number | 1038103 |
|---|---|
| Address | 12 Russo Drive, Newburgh, NY 12550 show map |
| Price | $569,000 show mortgage calculator |
| Acres | 0.66861799816345 |
| Year Built | 1940 |
| Est. Sq. Footage | 0 |
| Elementary School | Marlboro Elementary School |
| Jr High-Middle School | Marlboro Middle School |
| High School | Marlboro Central High School |
| Estimated Taxes | $8,176 |
| Total Apt Units | 3 |
| Total Bedrooms | 5 |
| # 1 Brs | 2 |
| # 3 Brs | 1 |
Great investment opportunity is knocking on your door! Location, location, location! This multi-family investment property is looking for new ownership. Located in the Town of Newburgh and within the Marlboro School District, this property offers excellent potential for investors. The property consists of three residential units, each with its own electric meter. The first floor features a spacious, walk-in 3-bedroom, 2-bathroom apartment with a laundry room. The second floor offers two 1-bedroom, 1-bathroom apartments, that share a common staircase and entrance on the right side of the building. There is also a full basement that could potentially be incorporated into the first-floor apartment to create a large living space for an owner-occupant. Alternatively, it could potentially be converted into a fourth unit, as it was previously used years ago, subject to updates and required code upgrades, including a sprinkler system and other improvements. The property's desirable location makes it attractive to renters, particularly those seeking access to the Marlboro School District. Don't miss this excellent investment opportunity in a sought-after location!
Walk Metro-North RR
© 2022 OneKey Multiple Listing Service, Inc., All Rights Reserved. The data relating to real estate for sale or lease on this website comes in part from OneKey MLS. Real estate listings held by brokerage firms other then CS Realty Relocation Services are marked with a OneKey MLS Logo. The information appearing herein has not been verified by the OneKey Multiple Listing Service, Inc. or by the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.


