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Multi Family 2-4 in Orange County
MLS Number894116
Address94 William Street, Newburgh, NY 12550 show map
Price$729,900 show mortgage calculator
Acres0.059687786960514
Year Built1900
Est. Sq. Footage0
Elementary SchoolNewburgh
Jr High-Middle SchoolNewburgh
High SchoolNewburgh Free Academy
Estimated Taxes$12,124
Total Apt Units3
Remarks

Prime Mixed-Use Investment Opportunity – 5,786 SF Corner Building in High-Growth Area Offered for the first time in over two decades, this well-maintained 5,786 square foot mixed-use building is a standout investment opportunity in one of the region’s most rapidly developing areas. Owned by the same family for 21 years, the property features a solid rental history with excellent potential for increased income. The ground-floor commercial space is home to a long-standing neighborhood grocery store with stable tenancy. Above the storefront are two spacious residential apartments, each offering four bedrooms, one full bathroom, a large living room, and an eat-in kitchen. Both units have separate private entrances, allowing for flexible use or future redevelopment potential. Situated on a prominent corner lot, this property is surrounded by ongoing development and revitalization, positioning it perfectly to benefit from the area's upward momentum. All rents are currently well below market value, providing immediate opportunity for value-add improvements and increased cash flow. Whether you’re an investor looking for strong long-term growth or a developer seeking your next project in a thriving location, this property is a rare find in a market on the rise.

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This listing is Courtesy of Picture It Sold, LLC ().

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