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Multi Family 2-4 in Orange County
MLS Number997054
Address52 Lander Street, Newburgh, NY 12550 show map
Price$420,000 show mortgage calculator
Acres0.062350780532599
Year Built1889
Est. Sq. Footage0
Elementary SchoolNewburgh
Jr High-Middle SchoolNewburgh
High SchoolNewburgh Free Academy
Estimated Taxes$9,569
Total Apt Units2
Total Bedrooms4
# 1 Brs1
# 2 Brs1
Remarks

Fully remodeled 2 family home in the heart of Newburgh, offering a great opportunity for both investors and owner occupants. Located at 52 Lander Street, this property features two updated units with strong rental income and separate electric utilities for added efficiency and low maintenance ownership. There is no oil or gas, the entire property is fully electric. The first floor unit offers 2 bedrooms and 1 full bathroom with a functional layout and updated finishes throughout. The second floor unit features 2 bedrooms and 2 full bathrooms, including a primary bedroom with its own private ensuite bathroom. Both units are currently occupied by tenants paying $2,100 per month each, generating a total monthly income of $4,200. The first floor tenant is month to month, while the second floor tenant is on a lease. Ownership reports no history of late or missed payments from either tenant. A turnkey income producing property with modern updates, strong cash flow potential, and separately paid electric utilities, all conveniently located near restaurants, shopping, parks, major roadways, and the Newburgh waterfront.

Amenities

This listing is Courtesy of RE/MAX Town & Country (845-765-6128).

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