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Multi Family 5+ in Orange County
MLS Number1039787
Address26 Crest Road, Newburgh, NY 12550 show map
Price$1,200,000 show mortgage calculator
Acres3.2
Year Built1938
Est. Sq. Footage0
Elementary SchoolFostertown Etc Magnet School
Jr High-Middle SchoolHeritage Middle School
High SchoolNewburgh Free Academy
Estimated Taxes$22,197
Total Apt Units9
Remarks

Here’s an opportunity to own a versatile commercial property with two buildings and a total of 9 units. 7 units in the first building and 2 units in the second. Currently fully rented, the property offers established rental income and multiple revenue streams, making it an attractive addition to an investment portfolio. But the possibilities don’t stop there. This property could also be an excellent option for an owner-occupant looking for their place to call home while benefiting from rental income from the remaining units. The existing rent roll can help offset ownership expenses and support your investment strategy, creating an appealing combination of business use and income-producing space. Whether you're an investor seeking a fully rented property with multiple income streams or an owner-user looking for a place to reside while generating rental income, this property offers flexibility and potential. With two buildings, nine units, established rental income, and the option for owner occupancy, this is an opportunity worth taking a closer look at.

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This listing is Courtesy of Century 21 Alliance Rlty Group (845-297-4700).

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