Multi Family 2-4 in Orange County
| MLS Number | 893445 |
|---|---|
| Address | 163 Chambers Street, Newburgh, NY 12550 show map |
| Price | $589,000 show mortgage calculator |
| Acres | 0.057392102846648 |
| Year Built | 1890 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL |
| High School | Newburgh Free Academy |
| Estimated Taxes | $8,939 |
| Total Apt Units | 4 |
| Total Bedrooms | 9 |
| # 1 Brs | 1 |
| # 3 Brs | 3 |
*Exceptional Investment Opportunity!* Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. *Key Highlights:* - *Strong Cap Rate*: 10.5%+ potential for high returns on investment - *Renovated Property*: Modern amenities and reduced maintenance costs - *Prime Location*: Scenic views and growth potential in Newburgh's heart - *Income Potential*: 4-unit building with stable rental income potential *Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
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