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Multi Family 2-4 in Orange County
MLS Number915636
Address153 Lander Street, Newburgh, NY 12550 show map
Price$599,000 show mortgage calculator
Acres0.13774104683196
Year Built1900
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$13,574
Total Apt Units4
Total Bedrooms4
# 2 Brs2
Remarks

Located in the heart of Newburgh’s Historic District, this fully leased three-story mixed-use building on an expanded lot includes a commercial storefront, a garden-level studio, and two full-floor residential apartments. The first floor features a storefront suitable for retail, office, or studio use. Toward the rear is a spacious hallway that leads to the backyard, a shared laundry room, and access to the garden-level studio. The studio also has a private exterior entrance and features soaring ceilings, offering versatility for living or work space. The second and third floors each contain a two-bedroom, one-bath apartment. Both residential units feature an open kitchen, dining, and living area with oak flooring, walk-in closets, and Energy Star stainless steel appliances. The top-floor bathroom includes a skylight that brings in natural light. Outdoor amenities include a shared patio area and backyard, along with off-street parking. There is also remains of a 3 car garage that could be rebuilt for additional income. The property is located near local restaurants, shops, public transportation, and the waterfront, within one of Newburgh’s architecturally rich neighborhoods. Ideal for investors. Rent Roll: Storefront – $600/month, Studio – $1,745/month, Unit #2 – $2,100/month, Unit #3 – $1,800/month. Gross income approx. $75,000, Net Income approx. $50,000.

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This listing is Courtesy of eXp Realty ().

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